Bondada Engineering gains on getting LoI worth Rs 2.43 crore
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Bondada Engineering is currently trading at Rs. 1788.00, up by 22.05 points or 1.25% from its previous closing of Rs. 1765.95 on the BSE.
The scrip opened at Rs. 1720.10 and has touched a high and low of Rs. 1811.25 and Rs. 1720.00 respectively. So far 13000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1980.00 on 16-May-2024 and a 52 week low of Rs. 142.50 on 30-Aug-2023.
Last one week high and low of the scrip stood at Rs. 1844.20 and Rs. 1630.00 respectively. The current market cap of the company is Rs. 3866.55 crore.
The promoters holding in the company stood at 63.33%, while Institutions and Non-Institutions held 0.95% and 35.72% respectively.
Bondada Engineering has received a Letter of Intent (LoI) for the e-tender towards SLA based Optical Fiber Cable Route Repair & Maintenance (R&M) works across multiple OFC Routes covered in Package-01 for DGM, CNTX-S, Madurai Area from Bharat Sanchar Nigam with order value amounting to Rs 2.43 crore.
Bondada Engineering is engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry.
