Bajel wins over Rs 200 crore Tata Power substation order

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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

+8.0%Reaction day

₹156.00

prior close

₹172.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.7%+6.3% vs market

Heavy Electrical Equipment peers, median of 34sector+2.7%+5.3% vs sector

On the reaction day the stock moved 6.3 pts more than Nifty Microcap 250 and 5.3 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.9

15m

-2.5

30m

-2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.0+1.7+6.3+2.7+5.3

Next day

+3.2+1.8+1.4+2.8+0.4

+4.3+2.5+1.8+2.6+1.7

+3.4pendingpending-1.3+4.7

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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 received an EPC order from Tata Power worth over Rs 200 crore, including GST. It covers 400 kV GIS receiving substations, associated electrical and civil works, automation and communications at Dharavi and Ghatkopar in Mumbai. The completion period is 18 months from the purchase order. The order is domestic, in the ordinary course of business, and is not a related-party transaction.

Likely market impact

The order strengthens Bajel's order book and revenue visibility, though execution, cost control and margin risks remain.