Live Markets »News & Advice»Latest Stories»Latest Stories Details
Latest Stories Details

Bajaj Electricals shares surge 7% on order win of Rs 35.78 billion in UP

SI Reporter/Mumbai 17 Apr 18 | 09:27 AM

Bajaj Electricals

Shares of Bajaj Electricals have surged 7% to Rs 660 per share on the BSE in early morning trade after the company said it has bagged orders worth of Rs 35.78 billion for rural/urban electrification projects in the state of Uttar Pradesh from Madhyanchal Vidyut Vitaran Nigam Limited (MVVNL).

Related Stories

    No Related Stories Found
Widgets Magazine

The projects shall be completed within 15 months from the date of issue of LoI, the company said in the filing.

The contract is for work of rural/urban electrification and related work on turnkey basis under the Saubhagya Yojna of Government of India, it added.

At 09:24 am; the stock was trading 5.5% higher at Rs 653 on the BSE, as compared to a marginal 0.04% rise in the S&P BSE Sensex. It was quoting close to its 52-week high of Rs 664, touched on April 4, 2018 on the BSE in intra-day trade.

A combined 8.22 million shares changed hands on the counter on the NSE and BSE so far.

Widgets Magazine


Company Price Gain (%)
Sun Pharma.Inds.559.902.72
Reliance Inds.1,128.552.23
ICICI Bank266.001.84
Axis Bank534.451.36


Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine