Bondada Engineering surges as its arm bags orders worth Rs 13.74 crore
Bondada Engineering is currently trading at Rs. 399.90, up by 11.95 points or 3.08% from its previous closing of Rs. 387.95 on the BSE.
The scrip opened at Rs. 388.20 and has touched a high and low of Rs. 402.45 and Rs. 387.00 respectively. So far 181600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 2 has touched a 52 week high of Rs. 719.50 on 12-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. 402.45 and Rs. 375.00 respectively. The current market cap of the company is Rs. 4442.54 crore.
The promoters holding in the company stood at 62.42%, while Institutions and Non-Institutions held 1.57% and 36.00% respectively.
Bondada Engineering’s subsidiary -- M/s. Bondada Green Engineering has secured work orders/ Letter of Intent worth around Rs 13.74 crore for Solar Projects from multiple clients. M/s. Bondada Green Engineering will supply MMS HDG, 400KV and 200KV Equipment for Bay Extensions, MMS Column Post HDG and Galvalume as per MAHAGENCO’S specification and approved drawings. The orders are to be executed within 2-3 weeks.
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.
