Bajaj Electricals is currently trading at Rs. 251.90, up by 6.35 points or 2.59% from its previous closing of Rs. 245.55 on the BSE.
The scrip opened at Rs. 248.00 and has touched a high and low of Rs. 254.00 and Rs. 247.00 respectively. So far 18,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 256.60 on 26-Feb-2014 and a 52 week low of Rs. 149.85 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 256.60 and Rs. 228.50 respectively. The current market cap of the company is Rs. 2,514.00 crore.
The promoters holding in the company stood at 66.22% while Institutions and Non-Institutions held 18.30% and 15.48% respectively.
Bajaj Electricals’ Business Unit- Engineering Et Project has bagged Substation, Transmission Line & Distribution Projects worth Rs 297.65 crore from Madhya Pradesh Electricity Board under Feeder Separation Scheme/Works. The company has bagged first order worth Rs 148.71 crore from Madhya Pradesh Power Transmission for Construction of new 132kV sub-stations, transmission lines and augmentation work/feeder bay work on total turnkey basis under Gwalior circle. The project will be completed within 24 months.
The company has secured second order worth Rs 55.18 crore from MP Madhya Kshetra Vidyut Vitaran Company for Feeder Seperation Works in Hoshangabad District of MP. The project will be completed within 18 months.
The company has received third order worth Rs 93.76 crore from MP Madhya Kshetra Vidyut Vitaran Company for Feeder Seperation Works in Raisen District of MP. The project will be completed within 18 months.
Bajaj Electricals (BEL), part of the Rs 20000 crore Bajaj Group, is engaged in business appliances, fans, lighting, luminaries and engineering and projects.
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