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.
On the reaction day the stock moved 22.3 pts more than Nifty Microcap 250 and 23.3 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.
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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.