Bajaj Electricals Shares Jump 8% as Company Enters Wires Segment Under Lighting Solutions

Mumbai, January 20, 2026 – Bajaj Electricals Limited (BSE: 500031 | NSE: BAJAJELEC) surged sharply in early trade on Monday after the company announced its entry into the wires business, expanding its product portfolio under the Lighting Solutions segment.
The stock was trading at ₹455.05, up ₹32.55 or 7.70%, at around 9:20 am IST, compared with the previous close of ₹422.50. The counter touched an intraday high of ₹457.95, with volumes picking up sharply in morning trade.

Entry Into Wires Business​

In a regulatory communication dated January 20, 2026, Bajaj Electricals informed exchanges that it has decided to enter the wires segment as a new business line within its Lighting Solutions division, citing growing demand in the wires industry. The move is aimed at expanding and diversifying the company’s business operations to support long-term sustainable growth.
The company said the wires products are planned to be launched shortly. It will assess the market to determine the scale of investment required, which will depend on factors such as business size, operational needs, and prevailing external conditions .
Management added that further material developments related to the new business line will be communicated as and when required.

Stock Performance Snapshot (as of 9:20 am IST)​

The stock remains well below its 52-week high of ₹749.35, while trading near the lower end of its one-year range.

About the Company​

Bajaj Electricals Limited is a listed Indian consumer electrical company with operations spanning consumer products, lighting solutions, and engineering, procurement and construction (EPC) projects. The company is part of the Bajaj Group and is included in the BSE SmallCap index, with household appliances as its core industry focus.

Source: