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BAJEL · Industrials · 2026-08-21

Bajel Projects Ltd

Stage 3 · wk 1In scan: Prop Scan · Breakout WatchMARKET: BULL RISING · 2026-08-21
₹191.8
+6.20% today
₹2,219 Cr · Small cap
About this companyIndustrials· Construction & Engineering
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Bajel Projects Limited engages in the engineering, procurement, and construction (EPC) for power transmission and distribution projects in India and internationally. The company offers turnkey solutions, including engineering, designing, testing, manufacturing, executing, and commissioning of EHV transmission lines; and constructs new infrastructure, as well as the augmentation of existing infrastructure for various power distribution companies and agencies. It also engages in rural/urban electrification; primary distribution substation; and underground cabling activities. In addition, the company designs, manufactures, supplies, and installs monopoles; designs and manufactures a range of transmission, distribution poles, including single poles, twin poles, and special structures, such as cable termination poles, three poles, or quad structures; and tubular substation structures. Further, it provides lattice structure, steel tubular poles, lighting poles and masts; and galvanizing services. Bajel Projects Limited was incorporated in 2022 and is based in Mumbai, India.

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P/E (TTM)
194.0
Forward 21.2
vs 52W High
-14.6%
₹137.3 lo₹224.6 hi
14.6% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 1
1w13w26w
Week 1 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
9.3%
200 DMA: ₹175.5 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
3.61x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↗ ⇈
Accelerating · MA20 +1.8% vs MA50 -0.8% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
Sector has 162 Stage 2 leaders. See Industrials Stage 2 →
Industry
Construction & Engineering
→ Flat
Stage 2%
27.7%
20d Δ
-0.3pp
1M return
+3.6%
3M return
+3.3%
Industry Stage-2 % · last 20 days
Industry has 22 Stage 2 leaders. See Construction & Engineering Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-12-19 → 2026-08-21
S? 42w
S4 23w
S4 27w
2023-12-192026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 42w → S3 7w → S4 1w → S3 1w → S4 23w → S1 8w → S2 7w → S3 6w → S4 27w → S1 7w → S2 10w → S3 1w current
Total tracked: 140 weeks across 12 stage runs.
1M
+7.0%
3M
+6.2%
6M
+20.1%
YTD
+9.4%
1Y
-10.0%
Scan Membership
Prop Scan
Latest: 2026-07-13
Breakout Watch
Latest: 2026-06-12
18 appearances in last 60 days. First seen: 2025-07-18.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S3
Wk 1 · Vol x
2026-08-20S32→3
Wk 1 · Vol x
2026-08-19S2
Wk 10 · Vol x
2026-08-18S2
Wk 10 · Vol x
2026-08-17S2
Wk 10 · Vol x
2026-08-14S2
Wk 9 · Vol x
2026-08-13S2
Wk 9 · Vol x
2026-08-12S2
Wk 9 · Vol x
2026-08-11S2
Wk 9 · Vol x
2026-08-10S2
Wk 9 · Vol x
2026-08-07S2
Wk 8 · Vol x
2026-08-06S2
Wk 8 · Vol x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹188.1
200 DMA
₹175.5
52W High
₹224.6
52W Low
₹137.3
5D Low
₹180.2
Resistance levels (recent highs)
20d High
₹194.3
60d High
₹207.6
120d High
₹207.6
250d High
₹224.6
Next resistance
+1.3%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.