Bondada Engineering touches roof on receiving work orders from BSNL
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Bondada Engineering is currently trading at it upper circuit limit of Rs. 401.50, up by 19.10 points or 4.99% from its previous closing of Rs. 382.40 on the BSE.
The scrip opened at Rs. 401.50 and has touched a high and low of Rs. 401.50 and Rs. 396.00 respectively. So far 22400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 403.80 on 07-Nov-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. 401.70 and Rs. 371.00 respectively. The current market cap of the company is Rs. 826.06 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 orders from M/s. Bharat Sanchar Nigam (BSNL) for providing infrastructure as a Service (IaaSP) for supply and erection of GBT, Infrastructure as a Service Provider (laaSP) for supply installation of Infrastructure Item and subsequent O&M for 5 years, amounting to Rs 34.36 crore for the Cluster of Lakshadweep.
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.
