Bajel Projects bags major GIS substation EPC order from Tata Power

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BAJEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹156.60

prior close

₹165.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-0.6% vs market

Heavy Electrical Equipment peers, median of 34sector+0.9%-0.7% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.7 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-1.5

15m

-1.5

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.8-0.6+0.9-0.7

Next day

-0.0+1.0-1.1+1.6-1.6

+1.3+1.7-0.5+1.7-0.4

+0.3+0.1+0.2+0.1+0.1

+6.6+0.8+5.9+0.3+6.3

+6.2-0.9+7.1-1.7+7.8

-1.0-4.5+3.5-5.6+4.7

15d

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UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bajel Projects has bagged a major EPC order from Tata Power Company for 220 kV GIS substations at Salsette and Powai receiving stations in Mumbai. The order is classified as a major order worth Rs 200-300 crore inclusive of GST. It is a domestic contract with an 18 month timeline from the purchase order date. The order is not a related party transaction.

Likely market impact

Positive: new Tata Power order adds revenue visibility over 18 months; size suggests material addition to Bajel's order book and execution pipeline.