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Bajel Projects shines on bagging contract from Power Grid Corporation

Bajel Projects Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 544042 | NSE: BAJEL

24 Jul 2024 Evaluate

Bajel Projects is currently trading at Rs. 285.25, up by 17.20 points or 6.42% from its previous closing of Rs. 268.05 on the BSE.

The scrip opened at Rs. 292.00 and has touched a high and low of Rs. 294.00 and Rs. 284.00 respectively. So far 94099 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. 294.00 and Rs. 256.50 respectively. The current market cap of the company is Rs. 3091.69 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 been awarded a supply of Goods and Services contract by Power Grid Corporation of India (PowerGrid) for and on behalf of their project specific SPV i.e. Beawar? Mandsaur Transmission, (hereinafter referred to as the SPV/Project SPV Company).

The project is for Transmission Line Package TL01 for 765 kV D/c Beawar – Mandsaur PS Transmission Line – Part I associated with Transmission System for evacuation of power from Rajasthan REZ Ph?IV (Part?2: 5.5GW) (Jaisalmer/ Barmer Complex) Part?D through Tariff Based Competitive Bidding (TBCB) route. Value of the project is Rs 586.28 crore (excluding taxes). Completion period is 23 months from the date of issuance of notification of award.

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

Bajel Projects Share Price

168.35 -0.15 (-0.09%)

13-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	3953.90
Rail Vikas Nigam	272.00
NCC	151.85
KEC International	563.95
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Bajel Projects shines on bagging contract from Power Grid Corporation

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