Bajaj Steel Industries Limited has secured a significant export order worth approximately ₹43 crore ($5.03 million) from an international client.
The contract involves the design, manufacturing, supply, supervision of installation, and commissioning of cotton ginning and processing machinery. Additionally, the order includes spare parts, electrical panels, and prefabricated structural buildings.
This order reinforces Bajaj Steel Industries’ global presence in the cotton processing sector. The company’s expertise in advanced ginning technology has played a crucial role in securing large-scale international contracts. With a delivery timeline of six to nine months, this deal is expected to strengthen the company’s revenue stream while enhancing its reputation as a leading supplier of cotton ginning machinery worldwide.
As the demand for high-efficiency cotton processing solutions grows, Bajaj Steel Industries continues to innovate and expand its global reach. The contract’s successful execution will further solidify its standing in international markets, contributing to its long-term growth.
In the meantime, Bajaj Steel shares experienced volatility in today’s session, opening at ₹739.45 and reaching a high of ₹754.95. The stock also dipped to an intraday low of ₹720.00. Over the past year, it has traded between ₹283.95 and ₹988.00.
