Shares of Bajel Projects Limited rose over 5% in Friday’s session after the company announced it had secured a significant EPC contract for a 400/220KV substation in Solapur, Maharashtra. The project, awarded by Solapur Transmission Limited, a Torrent Power Ltd SPV, is expected to be completed within 15 months.
As of 9:15 am the shares were trading 5.18% higher at ₹257.65 on NSE.
Stock Performance Highlights:
- 5 Days: -4.19%
- 1 Month: +4.70%
- 6 Months: -9.37%
- Year to Date: +100.44%
- 1 Year: +26.47%
- 5 Years: +26.47%
- All Time: +26.47%
The contract emphasizes Bajel Projects’ capabilities in delivering high-quality infrastructure projects. The stock, opening at ₹251.55, peaked at ₹251.95 before touching a low of ₹244.00. It remains well below its 52-week high of ₹330.00 but far above its 52-week low of ₹108.25.
