{"id":327854,"date":"2026-10-27T11:07:55","date_gmt":"2026-10-27T05:37:55","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=327854"},"modified":"2026-10-27T11:07:55","modified_gmt":"2026-10-27T05:37:55","slug":"bajel-projects-shares-surge-over-12-percent-whats-behind-the-rally-rs-1500-crore-transmission-order-tata-power-contract-valuation-and-levels","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bajel-projects-shares-surge-over-12-percent-whats-behind-the-rally-rs-1500-crore-transmission-order-tata-power-contract-valuation-and-levels\/","title":{"rendered":"Bajel Projects Shares Surge Over 12%: What Is Behind the Rally? Rs 1,500 Crore Transmission Order, Tata Power Contract, Valuation and Levels"},"content":{"rendered":"

Bajel Projects shares surged as much as 12.6% to Rs 175.68 on Tuesday, 27 Oct 2026, after the company announced its largest-ever transmission order, worth Rs 1,500 crore including GST, a day after a Rs 200 crore order from Tata Power. By 10:57 AM the stock had eased to Rs 164.50, up 5.4% from the previous close of Rs 156.05 (data provider), so more than half of the early gain had already faded.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

Bajel Projects shares rose on the Rs 1,500 crore order for about 270 km of 765 kV transmission lines and substation works that help evacuate about 14 GW of renewable power in Gujarat. The order equals about 54% of the company’s revenue for the last four reported quarters (my calculation), yet the stock still trades at about 82 times earnings against an industry level of about 22. The intraday high of Rs 175.68 is above the SuperTrend upper band of Rs 172.93, and the price has since fallen back to Rs 164.50. This is educational and not a recommendation.<\/p>\n<\/p><\/div>\n

Bajel Projects shares have been range-bound near Rs 150 to Rs 170 for weeks, and the price is still far below its 52-week high of Rs 215.50. The Bajel Projects share price closed at Rs 156.05 on Monday, and Bajel Projects shares have since moved sharply. A large order can change the revenue outlook, but only if it converts into execution and margin, so this article checks the order, the financial record and the valuation together.<\/p>\n

I could not find a Bajel Projects order book figure or an execution timeline for the new order in the sources I retrieved, and I flag both below. It is educational and not advice.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n