Bondada Engineering surges on securing order worth Rs 468 crore
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Bondada Engineering is currently trading at Rs. 620.00, up by 22.25 points or 3.72% from its previous closing of Rs. 597.75 on the BSE.
The scrip opened at Rs. 593.05 and has touched a high and low of Rs. 627.60 and Rs. 590.00 respectively. So far 202000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 2 has touched a 52 week high of Rs. 753.98 on 28-Aug-2024 and a 52 week low of Rs. 33.10 on 28-Sep-2023.
Last one week high and low of the scrip stood at Rs. 627.60 and Rs. 586.00 respectively. The current market cap of the company is Rs. 6778.73 crore.
The promoters holding in the company stood at 63.33%, while Institutions and Non-Institutions held 0.60% and 36.07% respectively.
Bondada Engineering has received a work order worth Rs 468 crore from KPI Green Energy. KPI Green Energy has granted work order to Bondada Engineering for supply of material for solar power generation plant for 130 MWp/ 100MWac and supply of material for work contract for installation of Solar Power generation Plant 130 MWp/ 100MWac. The order is to be executed within 12 months from the date of receipt of PO (purchase order).
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.
