Bajel Projects jumps 10% after winning ultra-mega ₹400+ Cr MENA transmission orderBajel Projects jumps 10% after winning ultra-mega ₹400+ Cr MENA transmission order

Introduction

Leading EPC player secured ultra-mega international order from MENA region for 500 kV transmission line construction under grid reinforcement programme with 11-month execution timeline.

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Share price movement of Bajel Projects

On April 29, 2026, Bajel Projects Ltd opened at ₹181.05, down 0.36% from its previous close of ₹181.70. The stock reached a high of ₹200.35 (10.26%) and a low of ₹178.35. By 15:32 PM, it traded at ₹185.60, a 2.15% increase, with a market cap of ₹2,147.34 crore.

Bajel Wins MENA Transmission Order 

Bajel Projects Limited announced ultra-mega EPC orders from an international client in the Middle East and North Africa region for construction of 500 kV overhead transmission lines.

The project includes two transmission line sections under Lot 1 and Lot 5. The execution period is 11 months from commencement under a high-voltage grid reinforcement programme.

The combined order value exceeds ₹400 crore category. The project strengthens regional power infrastructure and expands Bajel Projects presence in MENA transmission sector along with existing joint venture operations.

Stock performance of Bajel Projects for period of 1 week, 6 months, and 1 year

Bajel Projects Ltd delivered a 1-week return of 0.38%, a 6-month return of -5.24%, and a 1-year return of 1.37%.

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Shareholding pattern of Bajel Projects

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	62.50%	62.50%	62.60%
FII	0.50%	0.40%	0.70%
DII	9.60%	9.10%	8.70%
Public	27%	28%	28.10%

About Bajel Projects

Bajel Projects Ltd (NSE: BAJEL) operates in EPC segment, providing power transmission and distribution solutions including design, manufacturing, installation, testing, and commissioning services.

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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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