Bajel Projects Hits Upper Circuit After ₹200 Cr Order; Order Book Nears ₹3,000 Cr
Disclaimer; This article is intended for informational purposes only and should not be considered financial advice. Please consult with a certified investment advisor before making investment decisions.
In a strong show of operational momentum, Bajel Projects Limited has secured a high-value order in the range of ₹100 crore to ₹200 crore from a reputed private client in the power transmission industry. The announcement, made on June 24, 2025, comes at a time when the company is already riding high on a solid ₹2,984 crore order book and growing investor interest.
Also Read; Wegovy Launches in India: Novo Nordisk Brings Anti-Obesity
🔌 Details of the New Transmission Order; Bajel Projects Hits Upper Circuit After ₹200 Cr Order; Order Book Nears ₹3,000 Cr
The latest project involves the establishment of a 400kV GIS and 765kV AIS extension substation. The contract scope includes:
- Supply of all Extra High Voltage (EHV) equipment
- Required spares and auxiliaries
- Complete Erection, Testing, Commissioning (ETC) and civil work
This turnkey project from a private sector player highlights Bajel’s execution capabilities across both product delivery and infrastructure development.
🚀 Stock Hits Upper Circuit After Order News
Following the announcement, shares of Bajel Projects Ltd surged 5%, locking in the upper circuit at ₹231.25, up from its previous close of ₹220.25. The stock has gained 59.3% from its 52-week low of ₹145.20, driven by robust order wins and improving financial outlook.
🛠️ Recap of Major Order from PowerGrid
This private sector win follows Bajel’s earlier success with a significant EPC contract from PowerGrid Corporation of India Limited (PGCIL), valued at over ₹400 crore. That project includes:
- Construction of a new 138 km 400kV double-circuit transmission line
- Extension of 400kV substation bay at Rewa (PG)
- Power evacuation from Mahan Energen Ltd in Madhya Pradesh
- Completion timeline: 29 months from award
This reinforces Bajel’s positioning as a trusted EPC player for both public and private sector energy clients.
🔍 Company Overview: Bajel Projects Ltd; Bajel Projects Hits Upper Circuit After ₹200 Cr Order; Order Book Nears ₹3,000 Cr
Bajel Projects Limited, previously the EPC arm of Bajaj Electricals Ltd, is a fast-growing name in India’s power infrastructure landscape. With a legacy of over 20 years and backed by the Bajaj Group, Bajel specializes in:
- Power Transmission and Distribution
- Project management and engineering excellence
- Execution of large-scale turnkey EPC contracts for substations, transmission lines, and more
Today, Bajel works with state utilities, private infrastructure giants, and international partners, ensuring end-to-end quality delivery in power infrastructure projects.
Also Read; शून्य निवेश; बिजनेस आइडिया और निष्पादन रणनीति रणनीति
📈 Financial Snapshot
- Market Capitalization: ₹2,600+ crore
- Order Book: ₹2,984 crore (as of June 2025)
- Stock Performance: +59.3% from 52-week low
⚠️ Disclaimer
This article is intended for informational purposes only and should not be considered financial advice. Please consult with a certified investment advisor before making investment decisions.
