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Bajaj Electricals acquires Morphy Richards for ₹168 crores

pre-market1 source ↓written by the desknot a recommendation

in India
₹141.4 crores

Bajaj Electricals has finalized the acquisition of Morphy Richards brand rights in India for ₹141.4 crores. This strategic move aims to enhance its presence in the home appliances sector by securing trademarks, goodwill, and domain names. The deal also includes terminating the existing licensing agreement with Glen Electric Limited.

This acquisition is expected to bolster Bajaj Electricals' market position and expand its product offerings, potentially driving future revenue growth.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Mar 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BAJAJELEC closed −5.1% on the day of the news, from ₹360.90 to ₹342.45; Nifty +0.7% over the same session.

Bulletin at 07:04 IST on 17 Mar 2026. Every change is measured from ₹360.90, the last close before it, on 16 Mar. Nifty 50 is measured over the same sessions.

  • BAJAJELEC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
BAJAJELEC closes around the bulletin against the close before the news, with Nifty 50 rebased to it316.58360.90405.22axis spans 28%before the news · 16 Mar360.90Nifty 50BAJAJELECbulletinD0+1+3+510 Mar20 Mar2 AprReference close ₹360.90. 16 sessions from 10 Mar to 2 Apr; the price axis spans 28 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before16 Mar₹360.90basebase
On the day17 Mar₹342.45▼ −5.1%▲ +0.7%−5.8 pp difference
+1 session18 Mar₹348.30▼ −3.5%▲ +1.6%−5.1 pp difference
+3 sessions20 Mar₹353.65▼ −2.0%▼ −1.3%−0.8 pp difference
+5 sessions24 Mar₹354.10▼ −1.9%▼ −2.1%+0.2 pp difference
Gap at the open, % · ₹
▲ +2.0%+7.11 on 17 Mar
Day's range, % · ₹
17%≈ 61 high to low
Volume on the day
20.49×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · BAJAJELEC on the desk →

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