Bengaluru, June 23 -- The shares of the prominent transmission company hit 5 percent upper circuit in today's trading session after the company secured a prestigious Ultra Mega order from PowerGrid Corporation of India Limited worth over Rs 400 crore.

With a market capitalization of Rs 2,425.34 crore, the shares of Bajel Projects Ltd were trading at Rs 209.80 per share, increasing around 4.98 percent as compared to the previous closing price of Rs 199.85 apiece.

The shares of Bajel Projects Ltd have seen positive movement after securing a prestigious Ultra Mega order from PowerGrid Corporation of India, valued at over Rs.400 crore. The project involves constructing a 138 km 400kV transmission line and extending 400kV substation bays at ...