India's Bajel Projects rises to 2-1/2-month high on contract worth $62.9 million
BUZZ-India's Bajel Projects rises to 2-1/2-month high on contract worth $62.9 million ** Shares of India's Bajel Projects BAJL.NS rise as much as 4.3% to 201 rupees, their highest level since June 1
** The power infra company says it bagged an ultra-mega order worth more than 6 billion rupees ($62.92 million) for a 765kV transmission line package under the WR-ER Inter-Regional Network Expansion Scheme
** Adds that scope includes construction of 765kV double-circuit transmission lines connecting Raigarh (Tamnar), Raigarh (Kotra) and Dharamjaygarh in India's Chhattisgarh
** More than 470,152 shares change hands, about 1.6x the 30-day average volume, according to LSEG-compiled data
** Stock up 13.7%, YTD
($1 = 95.3525 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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