Bajel Projects jumps on winning EPC Contract from PowerGrid Corporation
Bajel Projects is currently trading at Rs. 195.05, up by 2.50 points or 1.30% from its previous closing of Rs. 192.55 on the BSE.
The scrip opened at Rs. 195.25 and has touched a high and low of Rs. 199.90 and Rs. 189.50 respectively. So far 64492 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 245.05 on 08-Aug-2025 and a 52 week low of Rs. 135.80 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 199.90 and Rs. 176.20 respectively. The current market cap of the company is Rs. 2267.66 crore.
The promoters holding in the company stood at 62.53%, while Institutions and Non-Institutions held 9.73% and 27.74% respectively.
Bajel Projects has secured EPC Contract for Transmission Line works from PowerGrid Corporation of India (PGCIL). The order is classified as Mega order which valued in the range of Rs 300 crore to Rs 400 crore. The order is to be executed within 27 months from the date of issuance of Notification of Award.
The order is for Transmission Line Package TL06 for LILO of Ranchi (New) - New PPSP 400kV D/C line at Jamshedpur (New) i) Jamshedpur (New) to LILO section towards Ranchi (New) - 400kV D/C (Twin Moose), ii) Jamshedpur (New) to LILO section towards New PPSP - 400kV D/C (Twin HTLS) TL line associated with ‘WR-ER Inter-Regional Network Expansion Scheme-Part A’.
