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Bondada Engineering touches roof on receiving work order from Sundrops Energia
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Bondada Engineering is currently trading at its upper limit of Rs. 847.70, up by 40.35 points or 5.00% from its previous closing of Rs. 807.35 on the BSE.
The scrip opened at Rs. 833.90 and has touched a high and low of Rs. 847.70 and Rs. 799.00 respectively. So far 52000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 862.75 on 07-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. 847.70 and Rs. 673.10 respectively. The current market cap of the company is Rs. 1760.57 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 Sundrops Energia to supply PV Module Monocrystaline BI Facial WP Make: Emmvee, Supply of string invertor 275W at the rate 50 DEG Marke: Wattpower and to provide EPCC services for solar power plant as per agreement amounting to Rs 20.36 crore. The said order is expected to be completed before May 5, 2024.
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.
