Bajaj Electricals has surged nearly 4% to Rs 294 after the company's engineering and project business unit bagged four new orders aggregating to Rs 602 crore.
Bajaj Electricals said that the company's engineering and project business has bagged four new orders for transmission lines in Tamil Nadu and West Bengal from Power Grid Corporation of India (PGCIL) and West Bengal State Electricity Transmission Company respectively; and rural electrification work at Bihar from North Bihar Power Distribution Company and South Bihar Power Distribution Company respectively.
On BSE, so far 31,355 shares were traded in the counter as against average daily volume of 68,275 shares over the past one quarter. The stock hit a high of Rs 302 and a low of Rs 293 so far during the day.
