Bondada Engineering soars on bagging work order worth Rs 1.37 crore
Bondada Engineering is currently trading at Rs. 357.25, up by 24.15 points or 7.25% from its previous closing of Rs. 333.10 on the BSE.
The scrip opened at Rs. 366.40 and has touched a high and low of Rs. 366.40 and Rs. 336.00 respectively. So far 672000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 366.40 on 03-Nov-2023 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. 366.40 and Rs. 273.30 respectively. The current market cap of the company is Rs. 767.95 crore.
The promoters holding in the company stood at 63.33%, while Institutions and Non-Institutions held 0.01% and 36.66% respectively.
Bondada Engineering has received work order from Bharti Airtel for Supply of 6 Mtr Height GI pole Wt 60kg (Hot Dipped Galvanised) without Base PR raise for GI pole and Supply of 6 Mtr Height GI pole Wt 60kg (Hot Dipped Galvanised) without Base, amounting to Rs 1.37 crore.
Bondada Engineering 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.