Growth concern for Bajaj Electricals is going to slip on to the next couple of quarters: Gaurang Shah

In a chat with ET Now, Gaurang Shah, VP, Geojit BNP Paribas Financial Services, shares his views on Bajaj Electricals.

ET Now: What did you make one of the numbers of Bajaj Electricals and the commentary from the management?

Gaurang Shah: If you do a comparison Bajaj Electricals and the same sector you have Havells India which is actually going to new highs trading close to about what Rs 930-950 odd and if you see the performance over there of Havells India and the performance Bajaj Electricals there is something seriously gone wrong in terms of pitching their business and of course looking at the growth outlook.

The way the numbers are stashed up for this particular quarter I guess the concern is definitely going to slip over on to the next couple of quarters. I was of an opinion that given the kind of product profile and the kind of experience that this particular company has in the field that could be much more better numbers that the company should have thrown up.