Bondada Engineering surges on bagging work order from M/s Pace Digitek Infra
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Bondada Engineering is currently trading at Rs. 904.00, up by 38.35 points or 4.43% from its previous closing of Rs. 865.65 on the BSE.
The scrip opened at Rs. 879.00 and has touched a high and low of Rs. 905.00 and Rs. 879.00 respectively. So far 10400 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 949.95 on 23-Feb-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. 939.75 and Rs. 839.50 respectively. The current market cap of the company is Rs. 1869.98 crore.
The promoters holding in the company stood at 63.33%, while Institutions and Non-Institutions held 0.48% and 36.19% respectively.
Bondada Engineering has received a work order from M/s Pace Digitek Infra. The company has received work order to supply of 40M Ground Based Towers-200 KMPH amounting to Rs 24.01 crore including GST.
Earlier, the company had received a work order from NLC India for Balance of System (BOS) work for 50MW Solar Power Project including the O&M for three years amounting to Rs 81.34 crore (Including GST).
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.
