Shares of Bajaj Electricals rose over 2 per cent on the Bombay stock Exchange after the company said it has bagged transmission line order from Transmission Corporation of Telangana Limited worth Rs 391.45 crore

Following the announcement, shares of the company gained as much 2.56 per cent to hit intra-day high of Rs 338.00 apiece on the Bombay Stock Exchange. The stocks were currently trading at Rs 332.00 against previous close price of Rs 329.55.

In a similar fashion, shares of the company were trading 0.99 per cent higher at Rs 332.85 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 31,359.21, down 165.47 points, or 0.52 per cent, at 14:10 hours.