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InfrastructureEnergyHigh impactAfter close

Bajel Projects secures ₹700 crore contract from MSETCL

after close1 source ↓written by the desknot a recommendation

contract from Maharashtra
₹700 crore

Bajel Projects Limited has won a ₹700 crore contract from Maharashtra State Electricity Transmission Company Limited (MSETCL) for a 400/220 kV Air Insulated Switchgear substation in Pune. This order is the largest in Bajel's power transmission portfolio, enhancing its position in India's energy infrastructure sector.

The project includes full turnkey EPC execution, covering engineering design, equipment supply, and commissioning. This milestone is expected to bolster investor confidence and drive future growth for Bajel Projects.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Mar 2026, 16:08 IST.

Sourcesnews.google.com

The market after the news

BAJEL closed −4.2% on the day of the news, from ₹163.00 to ₹156.10; Nifty −2.6% over the same session.

Bulletin at 16:08 IST on 21 Mar 2026. Every change is measured from ₹163.00, the last close before it, on 20 Mar. Nifty 50 is measured over the same sessions.

  • BAJEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
BAJEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it137.27162.72188.17axis spans 37%before the news · 20 Mar163.00Nifty 50BAJELbulletinD0+1+3+516 Mar27 Mar9 AprReference close ₹163.00. 16 sessions from 16 Mar to 9 Apr; the price axis spans 37 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 Mar₹163.00basebase
On the day23 Mar₹156.10▼ −4.2%▼ −2.6%−1.6 pp difference
+1 session24 Mar₹156.09▼ −4.2%▼ −0.9%−3.4 pp difference
+3 sessions27 Mar₹144.42▼ −11.4%▼ −1.3%−10.1 pp difference
+5 sessions1 Apr₹154.13▼ −5.4%▼ −1.9%−3.6 pp difference
Gap at the open, % · ₹
▼ −2.7%−4.47 on 23 Mar
Day's range, % · ₹
5.4%≈ 8.8 high to low
Volume on the day
0.19×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · BAJEL on the desk →

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