Bajel Projects Share Price Hits Upper Circuit After Major EPC Order Win

Market Performance

On June 25, Bajel Projects' share price surged by 4.99%, hitting the upper circuit limit on the Bombay Stock Exchange (BSE).

• Stock Price at 09:19 AM: ₹231.25
• Change: Up by ₹11.00
• Buy Orders: 160,907 shares pending
• No sellers available

This upward momentum followed the company's announcement of a significant order win in the energy and power transmission sector.

Main News

Bajel Projects has secured an extensive Engineering, Procurement, and Construction (EPC) order valued between ₹100 Crore and ₹200 Crore from a leading private player in the energy sector.

The project includes two key components:

• 400kV GIS and 765kV AIS extension substation establishment
• Supply of EHV equipment, spares, tools, and auxiliaries
• Service orders covering Erection, Testing & Commissioning (ETC) and Civil works

This order highlights the company's technical capabilities and strong project execution record.

Company Details

Bajel Projects has remained active in the infrastructure and energy segment, and its project pipeline continues to grow.

• On June 23, the company also secured an EPC contract worth ₹ 400 Crore from Power Grid Corporation of India for the extension of a transmission line and substation bay in Madhya Pradesh.
• The project, managed by Power Grid's SPV MEL Power Transmission, is expected to be completed in 29 months.

Stock Highlights

• 52-Week High: ₹330.00 (on July 5, 2024)
• 52-Week Low: ₹145.20 (on April 7, 2025)
• Current Price vs. High: 29.92% below the 52-week high
• Current Price vs. Low: 59.26% above the 52-week low
• Market Capitalisation: ₹2,673.31 Crore

Summary of the Article

The Bajel Projects share price locked at its 5% upper circuit after the announcement of a significant order win in the power transmission sector. With strong buy interest and no sellers available, investor sentiment remained bullish. The newly bagged project reaffirms Bajel's position in delivering high-voltage infrastructure, alongside its recent ₹400 Crore deal with Power Grid Corporation.