logo
logo
Search For Features
/
StocksStocks
Intraday BoosterIntraday Booster
Sector BoosterSector Booster
Stock ScreenerStock Screener
ScreenersScreeners
MoreMore

prime iconGo Prime
My PlansMy Plans
Privacy PolicyPrivacy Policy
ContactContact
Refer & EarnRefer & Earn
ScreenersScreeners
Main
Stock ScreenerStock Screener
Create ScreenerCreate Screener
Explore ScreenersExplore Screeners
Community ScreenersCommunity Screeners
Trading Screeners
CandleSticks ScreenerCandleSticks Screener
Top Gainers & LosersTop Gainers & Losers
Opening Range BreakoutOpening Range Breakout
Stock Screener AIStock Screener AI
Stock Quality ScorecardStock Quality Scorecard
Overvalued StocksOvervalued StocksNew
Undervalued StocksUndervalued StocksNew
Technical Screeners
EMA ScreenerEMA Screener
SMA ScreenerSMA Screener
WMA ScreenerWMA Screener
OHLC ScreenerOHLC Screener
Fibonacci ScreenerFibonacci Screener
VWAP ScreenerVWAP Screener
Pivot Point ScreenerPivot Point Screener
Overlay ScreenerOverlay Screener
Trend Indicator ScreenerTrend Indicator Screener
Volume Based Indicator ScreenerVolume Based Indicator Screener
Overbought/Sold ScreenerOverbought/Sold Screener
NR4 StocksNR4 Stocks
NR7 StocksNR7 Stocks
Previous Day High BreakoutPrevious Day High Breakout
Previous Day Low BreakoutPrevious Day Low Breakout
Previous Day Open BreakoutPrevious Day Open Breakout
Bullish Crossover StocksBullish Crossover Stocks
Bearish Crossover StocksBearish Crossover Stocks
High Volume ShockerHigh Volume Shocker
VWAP Breakout StocksVWAP Breakout Stocks
Range High BreakoutRange High Breakout
Range Low BreakoutRange Low Breakout
MoreMore
Markets
Global Market TodayGlobal Market Today
Global IndicesGlobal Indices
Indian IndicesIndian Indices
NIfty TodayNIfty Today
Precious Metals
Gold Price TodayGold Price TodayNew
Silver Price TodaySilver Price TodayNew
Platinum Price TodayPlatinum Price TodayNew
Smart Money
FII DII DataFII DII DataNew
FII BuyingFII Buying
NSE Insider TradingNSE Insider Trading
SLB Stocks DataSLB Stocks Data
Derivatives
FnO MovementsFnO Movements
NSE F&O Lot SizeNSE F&O Lot Size
Ban ListBan List
Analysis & Calendars
Technical DashboardTechnical Dashboard
Sector BoosterSector Booster
Sector AnalysisSector AnalysisNew
Result CalendarResult Calendar
Economic CalendarEconomic Calendar
Market closedNSE feedRefreshes 15s
Bajel Projects

Bajel Projects

View MapTV Chart
Volume2.0M+33%vs 20D avg
Valuation vs Sector
P/E Ratio▲ 33.1%
111.63vs Sector 83.85
lower = cheaper
P/B Ratio▼ 9.0%
3.02vs Sector 3.32
lower = cheaper
Div Yield
vs Sector
higher = more income
Market Cap₹1,919.24 Cr
P/E TTM143.04
Book Value₹57.63
EPS TTM₹1.11
ROCE12.1%
ROE0%
D/E0.21
Div Yield0%
Valuation

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

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×.

the price tag

Valuation

Market Cap
₹1,919.24 Cr
P/E Ratio
watch143.04
P/B Ratio
good2.84
EPS
1.11
the engine

Profitability

ROE
watch%
ROCE
avg12.1%
Net Margin
watch0.49%
Op Margin
watch%
the trajectory

Growth

EPS 5Y
watch%
Revenue 5Y
watch%
Qtr Sales
good18.7%
Qtr Profit
watch-46.4%
the balance sheet

Financial Health

Debt / Equity
good0.21
Book Value
57.63
Div Yield
avg%
Promoter Hold.
good62.5%
Financials

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

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.

all values in ₹ Cr unless suffixed · source: company filings
Investment Thesis

Bajel Projects Ltd investment thesis: bull case, bear case, and the flip lines.

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.

bull case

What you're getting.

  • 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.

bear case

What can break it.

  • 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%.

flip conditions

What would change my mind.

  • 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.

Shareholding

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

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

Shareholding Pattern

Loading shareholding data...

Peers

Bajel Projects Ltd peer comparison — same-sector benchmarks.

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

Quick Compare

Largest by Market Cap
ABB India Ltd
1.24L ₹ Cr
Best Profit Growth
Hitachi Energy India Ltd
1163.00 %
Highest Dividend Yield
Siemens Ltd
2.62 %

Peer Comparison

Company Name
AARTECH
Aartech Solonics Ltd
ABB
ABB India Ltd
AZAD
Azad Engineering Ltd
BAJEL
Bajel Projects LtdCurrent Stock
BHEL
Bharat Heavy Electricals Ltd
CGPOWER
CG Power & Industrial Solutions Ltd
ELECON
Elecon Engineering Company Ltd
EXICOM
Exicom Tele-Systems Ltd
GVPIL
GVT&D
GE Vernova T&D India Ltd
INDOTECH
Indo Tech Transformers Ltd
INOXWIND
Inox Wind Ltd
JYOTISTRUC
Jyoti Structures Ltd
POWERINDIA
Hitachi Energy India Ltd
QPOWER
Quality Power Electrical Equipments Ltd
SCHNEIDER
Schneider Electric Infrastructure Ltd
SIEMENS
Siemens Ltd
SKIPPER
Skipper Ltd
SURANASOL
Surana Solar Ltd
SUZLON
Suzlon Energy Ltd
SWELECTES
Swelect Energy Systems Ltd
TARAPUR
Tarapur Transformers Ltd
TARIL
Transformers & Rectifiers India Ltd
TDPOWERSYS
TD Power Systems Ltd
THERMAX
Thermax Ltd
TRANSRAILL
Transrail Lighting Ltd
TRITURBINE
Triveni Turbine Ltd
VOLTAMP
Voltamp Transformers Ltd
Technicals

Bajel Projects Ltd 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 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.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹199.93
LevelPrice (₹)Distance% Δ
R4238.27+38.34+19.18%
R3222.82+22.89+11.45%
R2214.81+14.88+7.44%
R1207.37+7.44+3.72%
PIVOT199.36-0.57-0.29%
CURRENT199.93
S1161.02-38.91-19.46%
S2176.47-23.46-11.73%
S3183.91-16.02-8.01%
S4191.92-8.01-4.01%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 199.07P: 199.36TC: 199.64
R1
R2
R3
R4
indicator
LTP: 199.93
PDH: 195.36
PDL: 187.14
● Market Sentiment

BAJEL is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 192 ~ 196.56

● Price Position

Trading Above opening range, showing Bullishness

Delivery & Volume

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

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%.

Avg Delivery (20D)39.7%-15.1 ppt latest vs avg
Highest Delivery57.2%on 12 May
Avg Volume (20D)15.03 L20-day run-rate
Conviction Trend↓ Weakening-15.1 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

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.

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
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.

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

About the Company

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

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
Electric Utilities

Bajel Projects Ltd

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
Founded / IPO19/12/2023
Employees755
SectorUtilities
HeadquartersMumbai, MAHARASHTRA, IN
Market Cap₹1,919.24 Cr
Listed OnNATIONAL STOCK EXCHANGE OF INDIA
leadership16 on record
Mr. Bindra Misra
Chief Financial Officer
Mr. Ajay Nagle
Chief Compliance Officer, Executive Director, Company Secretary
Mr. Rajesh Ganesh
Managing Director, Executive Director
Mr. Shekhar Bajaj
Non-Executive Director
Mr. Maneck Davar
Independent Director
Ms. Radhika Dudhat
Independent Director
Mr. Rajendra Singh
Independent Director
Mr. Rajesh Ganesh
CEO, Managing Director & Director
Mr. Ajay Suresh Nagle
Company Secretary, Chief Compliance Officer & Executive Director
Mr. Piyush Bansal
Joint President & Business Head of Power Transmission
Mr. Nitesh Bhandari
CFO & Joint President
Mr. Nawin Chandra
CHRO & Joint President - IR, CSA & CSR
§ ∞ · Plainly Answered

Questions investors ask about Bajel Projects Ltd (BAJEL).

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

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

Disclaimer

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.