Bajel Projects, a small-cap stock with a market capitalization of ₹2,100 crore (approximately $252 million USD), experienced a 17% surge in share price on May 14, reaching a six-month high. This increase follows the announcement of multiple order wins from Power Grid Corporation of India, which will significantly enhance the company's order book and revenue visibility. The contracts include a 765kV substation construction in Pune East and a 400kV transmission line project, both valued between ₹200 crore and ₹300 crore each. The projects are expected to be completed within 21 months. Additionally, Bajel Projects recently secured major contracts in April for international clients in the Middle East and North Africa, further solidifying its growth trajectory. Despite previous selling pressure, the stock has shown resilience, rebounding by 37% in April alone, though it remains 43% below its record high of ₹330 per share from June 2024.