Bajel Project surges as its associate company gets LoI from PFCCL for inter state transmission project

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

21 Aug 2026 Evaluate

Bajel Projects is currently trading at Rs. 186.95, up by 6.25 points or 3.46% from its previous closing of Rs. 180.70 on the BSE.

The scrip opened at Rs. 183.45 and has touched a high and low of Rs. 191.50 and Rs. 181.00 respectively. So far 32256 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. 191.50 and Rs. 179.65 respectively. The current market cap of the company is Rs. 2159.48 crore.

The promoters holding in the company stood at 62.53%, while Institutions and Non-Institutions held 9.73% and 27.74% respectively.

Bajel Project’s associate company -- AnantGrid Projects One (AGPOPL) has received a Letter of Intent (LoI) from PFC Consulting (PFCCL) declaring it the successful bidder for Inter State transmission scheme, ‘Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) - Part-A’.

This is after AGPOPL emerged L1 post the e-reverse auction for the TBCB scheme held on August 06-07, 2026. The project includes construction of around 270 Km of 765 KV double-circuit transmission lines from Halvad to Vadodara in state of Gujarat and additional works at 3 substations namely Halvad, Vadodara and South Olpad.

AGPOPL is jointly owned by Bajel Project (holding 26%) and National Investment and Infrastructure Fund (holding 74%).

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

191.60 10.90 (6.03%)

21-Aug-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4088.05
Kalpataru Projects	1402.90
Rail Vikas Nigam	225.30
KEC International	436.00
NCC	149.55
View more..

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