New Delhi, Oct. 27 -- Bajel Projects shares surged over 12% in intraday trade on Tuesday, 27 October, a day after the company said it bagged an order worth over Rs.200 crore for Mumbai's critical 400 kV GIS infrastructure. Bajel Projects' share price opened at Rs.171.90 against its previous close of Rs.156.15 and jumped 12.3% to an intraday high of Rs.175.30.

The stock rose after the company announced on 26 October that it had received an order from Tata Power Company worth approximately Rs.200 crore for the engineering, procurement and construction (EPC) of 400 kV gas-insulated substations (GIS) at Dharavi and Ghatkopar in Mumbai.

Bajel Projects is a leading EPC and manufacturing solutions company with a strong domestic and internation...