Bajaj Electricals Share Price Gains Over 4%; Announces Expansion into Wires Business

Bajaj Electricals Limited has announced its entry into the wires business, marking a significant expansion within its Lighting Solutions segment. This move is aligned with the company's strategy to diversify its operations and tap into the growing demand in the wires industry. 

Introduction of Wires Business 

On January 20, 2026, Bajaj Electricals Limited disclosed its decision to venture into the wires business. This strategic decision is part of the company's broader plan to expand its business operations for sustainable growth. The wires business will be a new addition to its existing Lighting Solutions segment. 

The company aims to capitalise on the increasing demand in the wires industry, which is expected to contribute positively to its growth trajectory. Bajaj Electricals plans to launch its wires product shortly and will assess the market to determine the necessary investment.  

This assessment will consider various factors such as the scale of business, operational requirements, and prevailing external conditions. 

Regulatory Compliance and Market Assessment 

Bajaj Electricals has committed to keeping the stock exchanges updated on any material developments related to this new business line.  

The company emphasises compliance with the Securities and Exchange Board of India (SEBI) Listing Regulations, ensuring transparency and adherence to regulatory requirements. 

Read More: Airtel Expands 5G Network with 2,400+ New Sites Across MP and Chhattisgarh! 

Bajaj Electricals Share Price Performance  

As of January 20, 2026, at 10:39 AM, Bajaj Electricals share price on NSE was trading at ₹443.35 up by 4.98% from the previous closing price. 

Conclusion 

Bajaj Electricals' foray into the wires business signifies a strategic move to diversify its operations and tap into the growing demand in the industry. By expanding its product portfolio under the Lighting Solutions segment, the company aims to strengthen its market position and drive sustainable growth. 

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