Stock Market Today, June 23 -- Small-cap stock gained 5% to hit the upper circuit during the intraday trades on Monday after having bagged the Mega Power Transmission Order.

Bajel Projects, over the weekend on 21 June, announced having secured Ultra Mega* EPC, or engineering, procurement, and construction orders of transmission lines. Ultra-mega orders, as per the company's classification, are orders worth more than Rs.400 crore.

As per the release by Bajel Projects on the National Stock Exchange of India and also on the BSE, or the Bombay Stock Exchange, they announced having secured an order from Power Grid Corporation of India Limited (PGCIL). The order has been placed on behalf of their special projects vehicle, or the SPV, "M/s MEL...