Bajel Projects’ stock increased by more than 11% this week after the company got an order from a private sector client to design and build a 220KV Gas Insulated Substation (GIS) and transmission line extension.
The project, which will be completed for a colocation data centre in Navi Mumbai, would mark Bajel’s entry into the rapidly expanding Indian data centre sector.
Bajel Projects saw a volatile trading session on Friday, opening at 285.00, reaching a high of 291.80 and dipping to a low of 275.10, reflecting investor uncertainty.
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