India, Oct. 27 -- The power transmission engineering and construction company has secured a large Gujarat project tied to clean energy. The order arrives just after a mixed quarter of lower sales but higher profit, and it carries an unusual twist, since the company also owns a minority stake in the awarding entity's parent.

The Nifty 50 traded up 0.03% at 22,760 on Tuesday, while the Sensex edged down 0.06% to 73,560. Following this market movement, shares of Bajel Projects Ltd trading at Rs. 165.82. The stock touched an intraday high of Rs. 175.68 after opening at Rs. 172.00, before hitting a low of Rs. 163.20. The company currently commands a market capitalization of Rs. 1,919.78 crore.

Bajel Wins Its Biggest Transmission Contract Ye...