Electronics Mart India shares rallied 3.74% to ₹105.35 following the announcement of a new retail store opening. According to reports from Business Standard, the stock movement reflects positive investor sentiment toward the company's expansion strategy.
The company commenced commercial operations of a new multi-brand store under its 'Bajaj Electronics' brand in Andhra Pradesh. As reported by Business Standard, the new store was inaugurated on June 11, 2026, at Ananthapur in Guntakal, Andhra Pradesh. The outlet is strategically located at 20/211-A1 & A2, Ground and First Floor, Survey No. 449/A2, Main Road, near Mastan Vali Dargah, Ward No. 20.
The newly opened store spans 7,500 square feet and represents the company's continued expansion under the Bajaj Electronics brand. According to the regulatory filing under SEBI (LODR) regulations, Electronics Mart India operates retail electronics stores under the Bajaj Electronics brand across multiple locations in southern India.
Electronics Mart India is engaged in the business of sale of consumer electronics and durable products through a chain of retail stores located in the states of Telangana, Andhra Pradesh, Delhi NCR, Kerela and also through the online platform. As reported by Business Standard, the company's retail network spans multiple southern Indian states, positioning it well for regional expansion.
The company's recent financial results demonstrate strong performance with consolidated net profit jumping 38.1% to ₹36.83 crore on a 15% rise in revenue from operations to ₹1,913.25 crore in Q4 FY26 over Q4 FY25. According to Business Standard, this robust financial performance underscores the company's operational efficiency and market positioning in the consumer electronics sector.
