Bajel Projects bags Mega EHV Substation order from Mumbai data center client

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BAJEL · price

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

+2.4%Reaction day

₹195.36

prior close

₹200.55

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+2.1% vs market

Heavy Electrical Equipment peers, median of 33sector-0.3%+2.7% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.7 pts more 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

-2.1

10m

-2.6

15m

-1.7

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4+0.2+2.1-0.3+2.7

Next day

+4.2+1.1+3.1+1.4+2.7

+2.4+1.1+1.3+0.4+1.9

-2.3-0.9-1.4-2.5+0.1

+2.9+1.0+2.0-1.7+4.6

+1.8-0.5+2.3-4.2+6.0

+1.5+1.4+0.2-1.6+3.1

15d

+3.1+6.2-3.1+0.8+2.3

-2.6+7.1-9.8-1.5-1.2

-9.4+8.0-17.4-5.9-3.5

-4.7+11.2-15.9-9.0+4.3

UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 33Pending

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

AI summary

Bajel Projects has won a Mega EPC order (around Rs 300 to Rs 400 Cr) from a Mumbai-based data center client for building a 400/220/33 KV GIS substation. The scope covers design, engineering, procurement, supply, erection, testing, commissioning and performance testing over 24 months. The order is domestic and has no related party interest.

Likely market impact

Positive for order book - sizeable data center infrastructure win, though no revenue or margin guidance change indicated.