
Twelve years of multiples investors have paid for Bajel Projects Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Bajel Projects Ltd trades at a P/E of 143.04×, against the Utilities sector median P/E of 20.32×.
Twelve years of audited numbers for Bajel Projects Ltd, switchable between annual and quarterly views, consolidated or standalone.
Bajel Projects Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,919.236 Cr and reported EPS of ₹1.11.
Why someone would buy Bajel Projects Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Bajel Projects Ltd's investment case rests on 9 positive markers and 10 flagged concerns drawn from the latest reported filings.
Robust promoter holding of 62.55% indicates strong insider confidence.
Healthy 18.70% quarterly sales growth suggests strong market demand.
Strategic positioning in 'Heavy Electrical Equipment' sector offers long-term growth.
Very healthy debt-to-equity ratio (0.21) indicates low reliance on borrowed capital.
Integrated EPC model with in-house manufacturing provides efficiency and control.
High Price-to-Earnings (PE) ratio of 172.00 suggests significant overvaluation.
Low Return on Equity (ROE) of 2.50% indicates inefficient shareholder fund utilization.
Substantial -46.40% decline in quarterly profit highlights significant earnings volatility.
Return on Capital Employed (ROCE) at 12.10% is lower than industry peers.
Foreign Institutional Investor (FII) holding significantly decreased from 10.51% to 0.67%.
Trim if P/E re-rates above 186 (~9.2× the sector multiple of 20.3). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Bajel Projects Ltd is highlighted for quick read-across.
| Company Name |
|---|
Aartech Solonics Ltd |
ABB India Ltd |
Azad Engineering Ltd |
Bajel Projects LtdCurrent Stock |
Bharat Heavy Electricals Ltd |
CG Power & Industrial Solutions Ltd |
Elecon Engineering Company Ltd |
Exicom Tele-Systems Ltd |
GE Vernova T&D India Ltd |
Indo Tech Transformers Ltd |
Inox Wind Ltd |
Jyoti Structures Ltd |
Hitachi Energy India Ltd |
Quality Power Electrical Equipments Ltd |
Schneider Electric Infrastructure Ltd |
Siemens Ltd |
Skipper Ltd |
Surana Solar Ltd |
Suzlon Energy Ltd |
Swelect Energy Systems Ltd |
Tarapur Transformers Ltd |
Transformers & Rectifiers India Ltd |
TD Power Systems Ltd |
Thermax Ltd |
Transrail Lighting Ltd |
Triveni Turbine Ltd |
Voltamp Transformers Ltd |
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Bajel Projects Ltd — derived from the live tape, not yesterday's close.
Bajel Projects Ltd last traded at ₹199.93 with an intraday range of ₹191.35–₹206.8 — live indicator, pivot and CPR signals below.
Standard pivot — most widely referenced.
| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 238.27 | +38.34 | +19.18% |
| R3 | 222.82 | +22.89 | +11.45% |
| R2 | 214.81 | +14.88 | +7.44% |
| R1 | 207.37 | +7.44 | +3.72% |
| PIVOT | 199.36 | -0.57 | -0.29% |
| CURRENT | 199.93 | — | — |
| S1 | 161.02 | -38.91 | -19.46% |
| S2 | 176.47 | -23.46 | -11.73% |
| S3 | 183.91 | -16.02 | -8.01% |
| S4 | 191.92 | -8.01 | -4.01% |
BAJEL is trading Above CPR, indicating Bullishness
CPR is Average
Day's range: 192 ~ 196.56
Trading Above opening range, showing Bullishness
Daily traded volume and delivery percentage for Bajel Projects Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Bajel Projects Ltd stood at 24.6% of traded volume, against a 20-day average of 39.7%.
Filings Bajel Projects sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Promoter, director and designated-employee transactions in Bajel Projects as reported to SEBI — buying and selling signals from the people who know the business best.
Bajel Projects insider activity below tracks 2 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Manish Kejriwal | Insider | 22 Jan 2025 | buy | +12.41 L | ₹29.63 Cr | ₹238.85 |
| Late Sunaina Kejriwal | Insider | 22 Jan 2025 | sell | −12.41 L | ₹29.63 Cr | ₹238.85 |
Every dividend, stock split and bonus issue Bajel Projects has declared, sequenced by announce and record date.
Bajel Projects corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
Disclosed business segments at Bajel Projects with their share of revenue and profit, switchable between consolidated and standalone reporting.
Bajel Projects discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
What Bajel Projects Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Bajel Projects Ltd operates in the Electric Utilities industry under the Utilities sector, listed as NSE: BAJEL, BSE: 544042.

BAJEL Projects Limited is an Indian engineering, procurement, and construction (EPC) company specializing in the power transmission and distribution sector. Their operations span both domestic and international markets, providing comprehensive, end-to-end solutions for a variety of projects.
The company's core business involves the design, testing, procurement, manufacturing, installation, and commissioning of power transmission and distribution infrastructure. This includes a wide range of projects, from the creation of extra-high voltage transmission lines (with a significant track record exceeding 7000 ckms) to the construction of both air-insulated and gas-insulated substations (over 40 such substations completed).
BAJEL's capabilities extend beyond large-scale projects. They also manufacture various crucial components for power infrastructure, such as lattice structures, steel tubular poles, lighting poles, and masts. In addition to manufacturing, they offer galvanizing services, further enhancing their comprehensive service offering within the power sector.
Their vertical integration, encompassing in-house design and manufacturing alongside EPC services, allows BAJEL to offer clients a streamlined and controlled project delivery process. This integrated approach likely contributes to greater efficiency and cost-effectiveness for their clients. The company's relatively recent incorporation in 2022 suggests a focus on rapid growth and expansion within a competitive market.
In summary, BAJEL Projects Limited is a rapidly developing EPC firm concentrating on the power transmission and distribution industry. Their integrated approach, encompassing design, manufacturing, and construction, positions them to handle a wide range of projects, from large-scale transmission lines and substations to the production of essential infrastructure components.
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
The current share price of Bajel Projects Ltd (BAJEL) is ₹199.93. Today, the stock has gained by ₹5.92 (3.05%), trading in a range of ₹191.35 to ₹206.8. The stock opened at ₹194 with a trading volume of 19,98,351 shares.
Bajel Projects Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,919.24 crores, P/E ratio of 143.04, ROE of 0.00%, and ROCE of 12.10%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Bajel Projects Ltd (BAJEL) is ₹263.9, while the 52-week low is ₹135.1. Currently trading at ₹199.93, the stock is 50.3% away from its 52-week low and 24.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Bajel Projects Ltd stock at ₹199.93 depends on multiple factors. The stock is currently trading with a P/E ratio of 143.04 and P/B ratio of N/A. Today's performance shows a gain of 3.05%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Bajel Projects Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹199.93, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Bajel Projects Ltd's key financial metrics include: P/E Ratio: 143.04, P/B Ratio: N/A, ROE: 0.00%, ROCE: 12.10%, Dividend Yield: 0.00%, EPS: ₹1.11, Book Value: ₹57.63, Debt-to-Equity: 0.21, and Current Ratio: N/A. The company's market cap stands at ₹1,919.24 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Bajel Projects Ltd stock opened at ₹194 and is currently trading at ₹199.93, showing a gain of ₹5.92 (3.05%). The intraday high is ₹206.8 and low is ₹191.35. The trading volume stands at 19,98,351 shares, indicating strong market participation today.
Bajel Projects Ltd has a Price-to-Earnings (P/E) ratio of 143.04, which means investors are willing to pay ₹143.04 for every ₹1 of earnings. With an EPS of ₹1.11, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Bajel Projects Ltd (BAJEL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
Peers, sector trends, screeners and strategy playbooks contextual to this stock.