Bajaj Electricals shares rally over 7% on Rs 332-cr order win from Power Grid

Shares of Bajaj Electricals NSE 5.79 % rallied over 7% in afternoon trade to the day’s high of Rs 1,216.9 after its engineering, procurement & construction (EPC) segment bagged a Rs 3,32.65-crore order from the Power Grid Corporation of India NSE 2.02 % (PGCIL).

“The EPC business segment of the company has been awarded a supply of goods/services contract by PGCIL, a domestic entity, under the ‘Transmission line Tower Package TW04,” the company said in an exchange filing.