Market closedLast updated 21 July 2026, 9:38 pm ISTData NSENot investment advice
Bajel Projects

Bajel Projects Share Price Today (BAJEL)

TechnicalsTV Chart
177.06
2.27−1.27%
Overall Score48/100
Day range176
₹177.06
183
52-week135
₹177.06
227
Above low+31.1%
Below high21.9%
Range position46%
Open182.50
Prev Close179.33
Bid177.04100
Ask177.09100

TODAY IN ONE LINE

BAJEL fell 1.3% on light volume, lagging Nifty's -0.2% move, supported by recent strong earnings.

With a market cap of ₹2,054.2 Cr., it trades at a P/E of 108.00. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume85.4K56%vs 20D avg
Market Cap₹2,054.2 Cr.
Promoter62.53%
Face Value₹2
Fwd P/E13.84
PEG0.42
EV/EBITDA38.02
P/S0.77
ROA2.11%
Beta1.4
Div Payout
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score48/100
Updated 20 Jul
Each card tappable → shows formula + inputs
FLAGS & NEWS

Bajel Projects flags & news 

Key strengths, potential risks, and recent updates.

6 green flags🚩 2 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 190.5% YoY
  • Quarterly OutperformanceLatest quarter Sales up 25.8% and Profit up 193.0%
  • High Promoter HoldingPromoters hold 62.5% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Poor Capital ReturnsLow ROE of 3.5%
  • Expensive ValuationTrading at a high P/E ratio of 109.9x

Latest Bajel Projects News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

18 JUL 2026
corporate
General Updates - Bajel Projects Limited has informed the Exchange about the Newspaper publication under Regulation 30...
View PDF
17 JUL 2026
corporate
General Updates - Bajel Projects Limited has informed the Exchange about Intimation under Regulation 30 of the SEBI (L...
View PDF
17 JUL 2026
corporate
General Updates - Bajel Projects Limited has informed the Exchange about the Business Responsibility and Sustainabilit...
View PDF
17 JUL 2026
corporate
Shareholders meeting - Bajel Projects Limited has informed the Exchange regarding Notice of 4th Annual General Meeting to b...
View PDF
17 JUL 2026
corporate
General Updates - Bajel Projects Limited has informed the Exchange about Intimation under Regulation 30 of the SEBI (L...
View PDF
17 JUL 2026
corporate
Demise - Bajel Projects Limited has informed the Exchange regarding Demise of Dr. Rajendra Prasad Singh, Non...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Bajel Projects Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Bajel Projects Limited, framed against the sector median so the premium or discount is obvious at a glance.

Bajel Projects Limited trades at a P/E of 108.00× and P/B of 2.93×.

Key MetricsMarket + reported · 21 Jul 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹2,054.2 Cr.
P/E Ratio
108
P/B Ratio
2.93
EPS
₹1.73
Profitability

Profitability

ROE
3.5%
ROCE
10.2%
Net Margin
0.74%
Op Margin
3.26%
Growth

Growth

EPS YoY
190.5%
Revenue YoY
25.7%
Qtr Sales
25.8%
Qtr Profit
193%
Financial Health

Financial Health

Debt / Equity
0.49
Book Value
₹64.5
Div Yield
0.32%
Promoter Holding
62.53%
Technicals

Bajel Projects Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Bajel Projects Limited — derived from the live tape, not yesterday's close.

Bajel Projects Limited last traded at ₹177.06 with an intraday range of ₹176.33–₹183.37 — live indicator, pivot and CPR signals below.

Last updated: 21 July 2026, 9:38 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹177.06
LevelPrice (₹)Distance% Δ
R4195.59+18.53+10.47%
R3188.55+11.49+6.49%
R2185.96+8.90+5.03%
R1181.51+4.45+2.51%
PIVOT178.921.861.05%
CURRENT177.06
S1174.47-2.59-1.46%
S2171.88-5.18-2.93%
S3167.43-9.63-5.44%
S4160.39-16.67-9.41%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 177.99P: 178.92TC: 179.85
R1
R2
R3
R4
indicator
LTP: 177.06
PDH: 180.40
PDL: 177.31
● Market Sentiment

BAJEL is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 179.91183.37

● Price Position

Trading Below opening range, showing Bearishness

Financials

Bajel Projects Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Bajel Projects Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Bajel Projects Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,054.2 Cr. and reported EPS of ₹1.73.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations2,598
2,792
7.4%
Sales Growth YoY %Derived
7.44%
Other Income31
27
12.7%
Total Income2,629
2,819
7.2%
1,968
1,936
1.6%
Gross ProfitDerived631
855
35.6%
Gross Margin %Derived24.27%
30.63%
571
757
32.6%
EBITDA (Operating Profit)Derived59
98
64.9%
OPM %Derived2.28%
3.50%
66
75
13.9%
Profit Before Tax (PBT)24
34
41.2%
9
7
18.9%
Effective Tax %Derived35.50%
20.39%
Total Profit for Period15
20
31.1%
Net Profit (Owner's PAT)Derived15
20
31.1%
Net Profit Margin %Derived0.60%
0.73%
PAT Growth YoY %Derived
31.13%
Earnings Per Share (EPS ₹)1.34
1.75
30.6%
Diluted Shares Outstanding (Cr)12
12
0.1%
Share of Profit from Associates/JVs
-7
Other Comprehensive Income (Net of Tax)-10
48
602.5%
Total Expenses (incl. D&A & Interest)2,605
2,785
6.9%
Material Cost % of RevenueDerived76.24%
69.27%
Employee Cost % of RevenueDerived4.63%
5.41%
Other Cost % of RevenueDerived17.36%
21.72%
Interest Coverage (x)Derived0.87x
1.23x
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Bajel Projects segment analysis : revenue and profit mix.

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.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Bajel Projects Limited.

Our AI distills the core fundamental drivers supporting Bajel Projects Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Bajel Projects Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • TTM revenue growth 25.7% demonstrates solid market demand and business expansion.

  • Latest quarterly EPS grew 193.2% YoY, reflecting significant earnings acceleration.

  • Promoter holding 62.53% signals strong founder commitment and strategic alignment.

  • Integrated EPC model spanning design, manufacturing, construction enhances operational efficiency.

  • Operating cash flow ₹173.71 Cr FY25 exceeds net income, indicating robust cash conversion.

bear case

Key Risks.

  • Operating margin 2.83% and net margin 0.97% lag peers significantly, weak pricing power.

  • Latest quarterly PAT declined 46.4% YoY despite revenue growth, profitability deterioration evident.

  • ROE 3.50% and ROCE 10.20% remain well below sector averages, poor capital efficiency.

  • Debt-to-equity 0.49x with total debt ₹349.96 Cr creates elevated financial leverage risk.

  • FII holdings collapsed from 10.51% to 0.67%, reflects sharp loss of foreign investor confidence.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 140 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative 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.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

Bajel Projects shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Bajel Projects — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualMar 2026

Promoters62.53%
Public27.39%0.62%
DII9.57%0.51%
FII0.51%0.11%

Ownership Distribution

Promoters
62.53%
Retail & Public
27.39%
Domestic Institutions
9.57%
Foreign Institutions
0.51%

Category Trends

Foreign Institutions Breakdown
Total Holding: 0.51%
Net Change: +0.11%
Category Total0.51%
Total Holding0.51%
Net Change+0.11%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

Foreign Institutions: 0.51%

Individual institutional breakdown is not disclosed by the company, but aggregate holding data is shown above.

💡 This category has 0.51% total holding without detailed institution-wise disclosure
Peers

Bajel Projects Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Bajel Projects Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
ABB India Limited
₹1.60 Lakh Cr
Best Profit Growth
GE Power India Limited
418.00 %
Highest Dividend Yield
ABB India Limited
1.07 %
09 · Chart Patterns

Bajel Projects Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Bajel Projects Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on BAJEL
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full BAJEL pattern history & scanner →
Delivery Conviction

Bajel Projects Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Bajel Projects Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Bajel Projects Limited stood at 58.3% of traded volume, against a 20-day average of 51.6%.

Avg Delivery (20D)51.6%+6.7 ppt latest vs avg
Highest Delivery68.3%on 14 Jul
Avg Volume (20D)1.93 L20-day run-rate
Conviction Trend↑ Strengthening+6.7 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Bajel Projects announcements: results, concalls, ratings, M&A.

Filings Bajel Projects sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Bajel Projects files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 80 documents below.

  1. 18 Jul 2026General UpdatesView PDF

    General Updates

    Bajel Projects Limited has informed the Exchange about the Newspaper publication under Regulation 30 of the SEBI Listing Regulations

  2. 17 Jul 2026General UpdatesView PDF

    General Updates

    Bajel Projects Limited has informed the Exchange about Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)…

  3. 17 Jul 2026General UpdatesView PDF

    General Updates

    Bajel Projects Limited has informed the Exchange about the Business Responsibility and Sustainability Report for FY2025-26

  4. 17 Jul 2026Shareholders meetingView PDF

    Shareholders meeting

    Bajel Projects Limited has informed the Exchange regarding Notice of 4th Annual General Meeting to be held on August 10, 2026

  5. 17 Jul 2026General UpdatesView PDF

    General Updates

    Bajel Projects Limited has informed the Exchange about Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)…

Corporate Actions

Bajel Projects dividend history, splits and bonus issues.

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.

Insider Activity

Bajel Projects insider trading: promoter and management activity.

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).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Manish KejriwalInsider22 Jan 2025buy+12.41 L₹29.63 Cr.₹238.85
Late Sunaina KejriwalInsider22 Jan 2025sell12.41 L₹29.63 Cr.₹238.85
About the Company

About Bajel Projects Limited: business, sector, key facts.

What Bajel Projects Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Bajel Projects Limited operates in the Heavy Electrical Equipment industry under the Capital Goods sector, listed as NSE: BAJEL, BSE: 544042.

BAJEL
Capital Goods

Bajel Projects Limited

NSE · BAJEL·BSE · 544042·www.bajelprojects.com

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.

company facts
Employees
SectorCapital Goods
HeadquartersMumbai, India
Market Cap₹2,054.2 Cr.
Listed OnNSE
leadership18 on record
Mr. Ajay Nagle
Chief Compliance Officer, Executive Director, Company Secretary
Mr. Ajay Suresh Nagle
Company Secretary, Chief Compliance Officer & Executive Director
Mr. Ajay Suresh Nagle
Executive Director
Mr. Akash Sharma
Senior VP and Business Head of SCM & Manufacturing
Mr. Aurelius D'Monte
Chief Internal Auditor
Mr. Bindra Misra
Chief Financial Officer
Mr. Maneck Davar
Independent Director
Mr. Nawin Chandra
CHRO & Joint President - IR, CSA & CSR
Mr. Nitesh Bhandari
CFO & Joint President
Mr. Piyush Bansal
Joint President & Business Head of Power Transmission
Mr. Rajendra Singh
Independent Director
Mr. Rajesh Ganesh
Managing Director, Executive Director
§ ∞ · Plainly Answered

Questions investors ask about Bajel Projects Limited (BAJEL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Bajel Projects Limited (BAJEL)?

The current share price of Bajel Projects Limited (BAJEL) is ₹177.06. Today, the stock has declined by ₹2.27 (1.27%), trading in a range of ₹176.33 to ₹183.37. The stock opened at ₹182.5 with a trading volume of 85,416 shares.

02Is Bajel Projects Limited stock a good investment for long-term?

Bajel Projects Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,054.2 crores, P/E ratio of 108.00, ROE of 3.50%, and ROCE of 10.20%. The dividend yield stands at 0.32%. 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.

03What is the 52-week high and low price of Bajel Projects Limited stock?

The 52-week high price of Bajel Projects Limited (BAJEL) is ₹226.69, while the 52-week low is ₹135.1. Currently trading at ₹177.06, the stock is 45.8% away from its 52-week low and 21.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Bajel Projects Limited stock at the current price?

Whether to buy Bajel Projects Limited stock at ₹177.06 depends on multiple factors. The stock is currently trading with a P/E ratio of 108.00 and P/B ratio of 2.93. Today's performance shows a loss of 1.27%. 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.

05What is the dividend yield of Bajel Projects Limited and when is the next dividend?

Bajel Projects Limited offers a dividend yield of 0.32%, which means for every ₹100 invested at the current price of ₹177.06, you can expect to receive approximately ₹0.32 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.

06What are the key financial ratios and metrics of Bajel Projects Limited?

Bajel Projects Limited's key financial metrics include: P/E Ratio: 108.00, P/B Ratio: 2.93, ROE: 3.50%, ROCE: 10.20%, Dividend Yield: 0.32%, EPS: ₹1.73, Book Value: ₹64.5, and Debt-to-Equity: 0.49. The company's market cap stands at ₹2,054.2 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Bajel Projects Limited stock performing today in the market?

Bajel Projects Limited stock opened at ₹182.5 and is currently trading at ₹177.06, showing a decline of ₹2.27 (1.27%). The intraday high is ₹183.37 and low is ₹176.33. The trading volume stands at 85,416 shares, indicating moderate market participation today.

08What is the P/E ratio of Bajel Projects Limited and what does it indicate?

Bajel Projects Limited has a Price-to-Earnings (P/E) ratio of 108.00, which means investors are willing to pay ₹108.00 for every ₹1 of earnings. With an EPS of ₹1.73, 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.

Disclaimer

The data, ratios and commentary about Bajel Projects Limited (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.