Bajel Projects Share Price

Bajel Projects Limited was incorporated as a Public Limited Company as a wholly owned subsidiary of Bajaj Electricals Limited (BEL) pursuant to a Certificate of Incorporation dated January 19, 2022, issued by the Registrar of Companies, Mumbai.Bajel Projects Ltd., formerly a division of Bajaj Electricals Limited, is a leading company in the Engineering, Procurement and Construction (EPC) business. The Company operates through its four business verticals Power Transmission, Power Distribution, Monopoles, International EPC and has its own worldclass manufacturing facility with stateoftheart machineries at Ranjangaon MIDC, Pune.With over two decades in business, the Company is the goto partner for high voltage and extra highvoltage transmission line projects, substations, UG cabling, poles, monopoles, high mast and electrification projects along with feeder separation and lift irrigation projects on a full turnkey basis.BPL has a proven track record for its national and international business with an enviable clientele consisting of Power Grid Corporation of India Ltd (PGCIL), Madhya Pradesh Power Transmission Company Ltd (MPPTCL), Haryana Vidyut Prasaran Nigam Ltd (HVPNL), Torrent Power Ltd , Zambia Electricity Supply Corporation (ZESCO), Kenya Power Lighting Company (KPLC), North Bihar Power distribution Company Ltd (NBPDCL), South Bihar Power distribution Company Ltd (SBPDCL) and West Bengal State Electricity Distribution Company Ltd (WBSEDCL) among others.The Company commenced the Power Transmission and Power Distribution Business from the Effective Date upon transfer of the Demerged Undertaking to the Company as a going concern. In 202324, pursuant to the Scheme of Arrangement for Demerger, the Power Transmission and Power Distribution Business was transferred and vested from Bajaj Electricals Limited to Company effective from September 01, 2023. Post Demerger Scheme, the Company is engaged in providing solutions that include EPC and project management for all aspects of project execution from conceptualizing to commissioning. The Companys business comprises of providing endtoend EPC solutions or any combination of individual services, depending on customers needs and market opportunity. Their business can be broadly segregated into (i) the power transmission EPC subsegment, which is primarily engaged in construction of EHV transmission lines using lattice towers, monopole, cables, AIS and GIS on turnkey basis and (ii) the power distribution EPC subsegment, which is primarily engaged in providing turnkey solutions for power distribution, feeder separation, rural electrification, and underground cabling. In terms of the Scheme, the Company issued and allotted 11,51,01,953 Equity Shares to the shareholders of BEL in the ratio of 1 fully paidup equity share of the Company having a face value of Rs 2 each for every 1 fully paidup equity share of Rs 2 each of Bajaj Electricals Limited to the shareholders of BajajElectricals Limited.In 2024, Company has acquired the second EPC contract in Togo Power Distribution for the electrification of 46 villages,.

As of , Bajel Projects share price is ₹256.2. The stock opened at ₹263 and had closed at ₹257.6 the previous day. During today’s trading session, Bajel Projects share price moved between ₹255.00 and ₹263.90, with an average price for the day of ₹259.45. Over the last 52 weeks, the stock has recorded a low of ₹146.41 and a high of ₹307.80. In terms of performance, Bajel Projects share price has increased by 1.2% over the past six months and has declined by 8.79% over the last year.