Bajel Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bajel Projects has won a 'Significant' category EPC order (Rs. 50 Cr to Rs. 100 Cr range as per company's classification) from Tata Power Company Limited. The work involves design, supply and construction of a 220 kV Kalwa–Kalyan Pal transmission line on monopoles in Mumbai, including foundation works. The project has a 10-month timeline from the date of purchase order issuance. The order is domestic, in the ordinary course of business, and is not a related party transaction. No promoter group entity has any interest in Tata Power.
Positive for the stock — adds a new domestic order from a strong, listed counterparty (Tata Power) to the order book, but the size (Rs. 50–100 Cr) is relatively modest, so the price impact is likely to be limited unless the company has a small revenue base.