𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Bajaj Electricals is seeing a demand uptick in Q3, with strong growth in alternate channels such as e-commerce, modern trade, and institutional sales.
• The company is also focusing on premiumization in its product mix, which should lead to margin expansion in the medium to longer term.
• The EPC business, which has been demerged from the company, has a healthy order book and is expected to see strong growth in Q3 and Q4.