Latest news with #BajelProjects'
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Business Standard
19 hours ago
- Business
- Business Standard
Here's why Bajel Projects share price hit 5% upper limit today; details
Bajel Projects share price today: Power transmission and infrastructure company Bajel Projects shares were in demand on Wednesday, June 25, 2025, with the stock locking in the 5 per cent upper circuit at ₹231.25 per share. At 9:45 AM, Bajel Projects shares continued to remain locked in the 5 per cent upper limit at ₹231.25 per share. In comparison, BSE Sensex was trading 0.62 per cent higher at 82,567.50 levels. Why did Bajel Projects share price hit 5 per cent upper limit today? Bajel Projects' share price surged after the company announced it had secured a 'Large' order for a substation project in India. Classified under the 'Large' order category—valued between ₹100 crore and ₹200 crore, according to the company's internal criteria—the project involves the development of a 400kV GIS and a 765kV AIS extension substation. The scope of work includes the supply of all extra high voltage (EHV) equipment, along with mandatory spares, tools, tackles, and auxiliaries. Additionally, the order covers services for erection, testing and commissioning (ETC), as well as civil works related to all supplied materials and equipment. "We are extremely pleased to secure this large order from a prominent private player in the energy and power transmission sector. This project underscores our robust capabilities in delivering large‐scale substation infrastructure. It reflects the trust our clients place in our expertise and commitment to quality,' said Rajesh Ganesh, MD & CEO of Bajel Projects. About Bajel Projects Bajel Projects (Bajel) is among the prominent players in the power infrastructure space, with a strong foothold in both the Power Transmission and Power Distribution sectors. Formerly operating as part of Bajaj Electricals Limited under its EPC division, the company is widely recognised for its robust project management capabilities and operational excellence, earning it the trust of numerous state and national utilities, international clients, and private infrastructure developers. The market capitalisation of Bajel Projects is ₹2,673.31 crore, according to BSE. The company falls under the BSE SmallCap category. The 52-week high of Bajel Projects is ₹330, while its 52-week low is ₹145.20 per share.
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Business Standard
3 days ago
- Business
- Business Standard
Why is Bajel Projects' share price locked in 5% upper limit today? Details
Bajel Projects share price today: Bajel Projects shares were buzzing in trade in an overall weak market on Monday, June 23, 2025, with the stock rallying hitting the 5 per cent upper circuit at ₹209.80 per share. At 10:00 AM, BajeL Projects share price remained locked in the 5 per cent upper limit at ₹209.80 per share. In comparison, BSE Sensex was trading 1.08 per cent lower at 81,563.12 levels. What triggered the up move in Bajel Projects share price today? Bajel Projects' share price surged today after the company announced it had secured a major engineering, procurement, and construction (EPC) order from Power Grid Corporation of India Limited (PGCIL). The contract, categorised as an 'Ultra Mega' order—valued at ₹400 crore or more—is a major boost for the company's project pipeline. As part of the award, Bajel Projects will be responsible for Transmission Line Package TL01. This includes the construction of a 400 kV double-circuit transmission line from the existing Mahan bus to Rewa PS (PG), using Quad ACSR/AAAC/AL59 'Moose'-equivalent conductors. The scope also covers the extension of the 400 kV Rewa (PG) substation. This project is part of the transmission system required for evacuating power from Mahan Energen Limited's generating station in Madhya Pradesh. The entire project is expected to be completed within 29 months from the date the Notification of Award is issued. 'We are incredibly proud to have secured this ultra-mega order from PowerGrid Corporation of India Limited. This project reflects our robust capabilities in executing large and complex power transmission projects contributing to India's energy infrastructure growth,' said Rajesh Ganesh, MD & CEO of Bajel Projects. About Bajel Projects Bajel Projects is among the prominent players in the power infrastructure space, with a strong footprint in both power transmission and distribution. Formerly the EPC division of Bajaj Electricals Limited, Bajel Projects is recognised for its project management expertise and operational excellence, making it a trusted partner for state utilities, national and international power companies, and private infrastructure developers. The market capitalisation of Bajel Projects is ₹2,425.34 crore, according to BSE. The company falls under the BSE SmallCap index. The 52-week high of Bajel Projects share price is ₹330, while its 52-week low is ₹145.20.
