Bondada Engineering touches roof on getting work order worth Rs 24.27 crore
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Bondada Engineering is currently trading at its upper circuit limit of Rs. 302.85, up by 27.50 points or 9.99% from its previous closing of Rs. 275.35 on the BSE.
The scrip opened at Rs. 302.85 and has touched a high and low of Rs. 302.85 and Rs. 302.85 respectively. So far 57600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 308.60 on 31-Oct-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. 308.60 and Rs. 236.20 respectively. The current market cap of the company is Rs. 654.22 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 Bharat Heavy Electricals for setting up of 2MW Solar PV Projects on Build Own Operates and Transfer basis, amounting to Rs 24.27 crore. The order is to be executed within 25 years.
Earlier, the company had received a work order from Hinduja Renewables Energy for Supply, Service, Erection, Testing Commissioning of 16.5 MWp Project at Sivgangai Tamil Nadu amounting to Rs 8.08 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.
