Bajaj Steel announces LOI win from strategic customer worth ₹35 CrBajaj Steel announces LOI win from strategic customer worth ₹35 Cr

Introduction

Leading engineering and manufacturing firm has secured a domestic order worth Rs. 35 crore for design, engineering, manufacturing, and supply of Main LT Panels within 12 weeks.

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Share price movement of Bajaj Steel Industries

On February 12, 2026, Bajaj Steel Industries Ltd opened at ₹429.55, down 2.27% from its previous close of ₹439.55. The stock reached a high of ₹429.55 and a low of ₹403.00. By 1:26 PM, it traded at ₹416.90, a 5.15% decrease, with a market cap of ₹867.15 crore.

Bajaj Steel Secures ₹35 Crore Order

Bajaj Steel Industries Limited has secured a new order from a domestic customer. The order involves design, engineering, manufacturing, and supply of Main LT Panels. The customer’s name is undisclosed.

The order is valued at approximately Rs. 35 crore, inclusive of taxes. The supply is expected to be completed in 10 to 12 weeks. This is a domestic contract for Bajaj Steel Industries.

Stock performance of Bajaj Steel Industries for period of 1 week, 6 months, and 1 year

Bajaj Steel Industries Ltd delivered a -3.85% return over the past week and declined by -12.1% in the past 6 months. The stock fell -37.0% over the past year.

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Shareholding pattern of Bajaj Steel Industries

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	57%	48.30%	48.30%
FII	0.00%	0%	0%
DII	0%	0%	0.00%
Public	43.30%	51.70%	51.60%

About Bajaj Steel Industries

Bajaj Steel Industries Ltd (BAJAJST) manufactures cotton ginning and pressing machinery, prefabricated structures, electrical panels, and engages in engineering fabrication, machining, and other allied engineering activities.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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