Across the sector, appliance makers increased prices by almost 20 percent on account of raw material prices being on the increase
Confident of double-digit growth both in consumer product and in engineering and projects (EPC), closer to 20 percent, said Shekhar Bajaj, CMD, Bajaj Electricals.
Fairwealth Securities has come out with its six investment ideas for the year 2012. Axis Bank, Ashok Leyland (AL), Bajaj Electricals (BEL), KPIT Cummins, Jindal Steel and Power (JSPL) and Shasun Pharma are the few portfolio bets for the current year 2012.