Bondada Engineering soars on securing order worth Rs 945.10 crore from NLC India Renewables
Bondada Engineering is currently trading at Rs. 371.50, up by 14.10 points or 3.95% from its previous closing of Rs. 357.40 on the BSE.
The scrip opened at Rs. 362.00 and has touched a high and low of Rs. 378.00 and Rs. 356.00 respectively. So far 294400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 2 has touched a 52 week high of Rs. 672.00 on 20-Dec-2024 and a 52 week low of Rs. 330.00 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 379.00 and Rs. 346.00 respectively. The current market cap of the company is Rs. 4150.72 crore.
The promoters holding in the company stood at 61.55%, while Institutions and Non-Institutions held 1.54% and 36.92% respectively.
Bondada Engineering has received Letter of Award (LoA) worth Rs 945.10 crore from NLC India Renewables on behalf of NLC India. The order involves Balance of System (BOS) works for setting up 810 MW Solar Power Projects at RVUNL Solar Park, Bikaner, Rajasthan under Engineering, Procurement and Construction (EPC), along with Operations & Maintenance (O&M) services for a period of 3 years.
This prestigious order reinforces the company’s strong execution capabilities, growing presence in the renewable energy sector and robust order book visibility, further positioning the company as a key EPC player in large-scale solar infrastructure projects in India. With this order, the company’s total EPC orders in hand are now around 3 GW and the company thereby strengthening its medium-term growth pipeline.
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.
