IGI Logo

Bajel Projects is currently trading at Rs. 271.30, up by 16.90 points or 6.64% from its previous closing of Rs. 254.40 on the BSE.

The scrip opened at Rs. 262.65 and has touched a high and low of Rs. 276.75 and Rs. 261.60 respectively. So far 31586 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 330.00 on 05-Jul-2024 and a 52 week low of Rs. 108.05 on 03-Jan-2024.

Last one week high and low of the scrip stood at Rs. 276.75 and Rs. 238.00 respectively. The current market cap of the company is Rs. 2939.22 crore.

The promoters holding in the company stood at 62.72%, while Institutions and Non-Institutions held 8.12% and 29.16% respectively.

Bajel Projects has forayed into the nascent data centre segment securing its first order from an upcoming data center service provider. Bajel has bagged an order for the design and construction of a 220/33 KV Gas Insulated Substation (GIS) Substation and transmission line extension for a colocation data center in Navi Mumbai.

This project, underscores Bajel's strategic entry into the rapidly growing data center market driven by India's digital transformation, increasing demand for data storage and processing capabilities. The company will leverage its extensive expertise in Design, Engineering, Procurement and Construction (EPC) to deliver critical power infrastructure solutions. The project will feature a combination of lattice towers & monopoles, conductors along with other essential components like GIS Substation, ensuring reliable, efficient and round the clock power supply.

Bajel is committed to completing this project within the stipulated timeframe. The project will be executed with strict adherence to quality and safety standards, further solidifying Bajel's reputation for safety and operational excellence. 

Bajel Projects is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors.