Bajaj Electricals Share Price Rises 8% After Exclusive Tie-Up with SEAK

Bajaj Electricals has witnessed a significant upward movement in its share price, jumping by over 8% after announcing an exclusive partnership with Slovak firm SEAK. The 3-year deal, which focuses on lighting control products and tunnel lighting projects, is expected to strengthen Bajaj Electricals’ position in the infrastructure and lighting sector.

What Is the SEAK Partnership About?

The new collaboration between Bajaj Electricals and SEAK, a well-established manufacturer of lighting control electronics and software from the Slovak Republic, promises to deliver energy-efficient lighting solutions, particularly for tunnel projects. Under this exclusive agreement, Bajaj Electricals will not only source products from SEAK for resale but will also take charge of the supply, installation, testing, and commissioning (SITC) of tunnel lighting projects in India.

Market Sentiment and Bajaj Electricals’ Share Price Today

Following the announcement, Bajaj Electricals’ share price saw strong buying interest on Wednesday, April 16, 2025. The stock hit an intraday high of ₹556 and closed at ₹554.95 on the BSE, rising ₹41.35 or 8.05%. With a market capitalisation of ₹6,371 crore, the stock previously touched a 52-week high of ₹1,120.

This deal is seen as a strategic step to enhance Bajaj Electricals’ capabilities in providing intelligent lighting solutions, which are becoming increasingly essential for large infrastructure projects.

Focus on Infrastructure and Lighting Solutions

Bajaj Electricals has been steadily growing its share in the infrastructure and lighting sectors. Exports currently make up 1.54% of its FY24 revenue, and the company has a presence in over 40 countries. Notably, lighting solutions contributed 20% to the company’s revenue in the third quarter of FY25, with significant projects such as the Maha Kumbh 2025 street lighting and lighting upgrades at Mumbai’s Wankhede Stadium.

The new partnership with SEAK brings added potential for the company to expand its reach and offer advanced lighting solutions for critical infrastructure projects. With the increasing demand for energy-efficient and intelligent lighting.

Conclusion

Bajaj Electricals’ collaboration with SEAK is an exciting development that could significantly impact the company’s future. As the company continues to focus on infrastructure and lighting solutions, the positive market reaction to this partnership highlights the growing investor confidence in its business strategies.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.