Bajel Projects rises on winning EPC orders for transmission line
Bajel Projects is currently trading at Rs. 191.70, up by 3.40 points or 1.81% from its previous closing of Rs. 188.30 on the BSE.
The scrip opened at Rs. 190.20 and has touched a high and low of Rs. 197.15 and Rs. 188.20 respectively. So far 20632 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 227.10 on 19-Sep-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. 184.15 respectively. The current market cap of the company is Rs. 2217.91 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 ultra-mega EPC orders of Transmission Line from PowerGrid Corporation of India (PGCIL) (orders placed on behalf of their SPV namely M/s WR ER Part A Power Transmission). The orders are for Bypassing of Raigarh (Tamnar) - Dharamjaygarh (Sec-B) 765kV D/C line & Raigarh (Kotra) - Raigarh (Tamnar) 765kV D/c line at Raigarh (Tamnar) S/s so as to form Raigarh (Kotra) - Dharamjaygarh (Sec-B) 765kV D/c line; LILO of Dharamjaygarh (Sec-B) - Jharsuguda (Sec-A) 765kV D/c line at Raigarh (Kotra)-II S/s; and Raigarh (Tamnar) - Raigarh (Kotra)-II S/s 765kV D/c line Associated with WR-ER Inter-Regional Network Expansion Scheme-Part A under TBCB route.
The orders are to be executed within 33 months from the date of issuance of Notification of Award. The company has classified orders valued at Rs 400 crore and above (inclusive of GST) as ultra-mega orders.
