Bajel Projects bags Ultra Mega transmission line order from PGCIL

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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

+2.2%Reaction day

₹189.30

prior close

₹188.48

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.8% vs market

Heavy Electrical Equipment peers, median of 33sector+0.0%+2.2% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 2.2 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

+3.2

10m

+2.9

15m

+2.8

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+0.4+1.8+0.0+2.2

Next day

+2.2+0.5+1.7-0.3+2.6

-1.1+0.6-1.7-0.3-0.9

-1.9+0.7-2.6+0.1-2.0

-3.3+1.1-4.4-0.2-3.1

-4.9+0.5-5.4-1.9-3.0

+1.4+1.3+0.1-1.8+3.3

15d

-2.1+0.5-2.6-4.2+2.1

-10.3-0.8-9.5-6.1-4.2

-17.1-0.9-16.1-8.8-8.3

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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 been awarded an Ultra Mega EPC order (Rs 400 Cr and above) from PowerGrid Corporation of India (PGCIL) through its SPV WR ER Part A Power Transmission Limited. The scope is construction of 765 kV transmission line package TL05, part of the WR-ER Inter-Regional Network Expansion Scheme under the TBCB route. The order is domestic with a 33-month execution timeline and is not a related party transaction.

Likely market impact

Positive - Large government PSU order strengthens order book and provides revenue visibility over 33 months.