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Trades about 44% below its sector, cheaper than its peers on earnings.
Bajaj Steel Industries Ltd. primarily manufactures machinery vital for cotton ginning operations. The company structures its diverse activities across four main divisions: Machinery, Electrical, Infrastructure, and Superpack. Its Machinery division focuses on the production of both cotton ginning and pressing equipment. The Electrical division provides an array of electrical products, including panels, control panels, ACCL panels, and power distribution boards. Through its Infrastructure division, the company engages in the construction of pre-fabricated buildings and manages various building projects. Lastly, the Superpack division is dedicated to handling statutory and labor compliance services. Gangabisenji Bajaj founded the company on February 14, 1961, and it is presently headquartered in Nagpur, India.
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