Bajaj Electricals at 2-month high on restructuring plan; up 27% in 6 days

The stock rallied 6% to Rs 1,329.75 on the BSE in Friday's intra-day trade

Shares of Bajaj Electricals hit a two-month high of Rs 1,329.75, ralling 6 per cent on the BSE in Friday's intra-day trade, in an otherwise weak market. The stock of the household appliances companies has surged 26 per cent in the past six trading days, after the company said it will review its existing corporate structure due to the nature and potential opportunities of each of its business segments.

The stock was quoting at its highest level since October 4, 2021. It had hit a 52-week high of Rs 1,588.55 on September 17, 2021. At 01:34 pm, Bajaj Electricals