Bondada Engineering touches roof on securing Letters of Award worth Rs 575.74 crore
Bondada Engineering is currently trading at upper limit of Rs. 3684.45, up by 175.45 points or 5.00% from its previous closing of Rs. 3509.00 on the BSE.
The scrip opened at Rs. 3684.45 and has touched a high and low of Rs. 3684.45 and Rs. 3684.45 respectively. So far 6000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 3684.45 on 27-Aug-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. 3684.45 and Rs. 3225.00 respectively. The current market cap of the company is Rs. 7959.17 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 Letters of Award from Lumina Clean Energy, Purelight Energy and VVKR Photovoltaics Energy. The order is for design, survey, supply, installation, testing, commissioning of grid connected distributed Solar Power Plants for Solarization of selected Agri feeders at Sub-station (SS) level in MSEDCL jurisdiction, its associated 11 kV line to connect the plant with concerned SS and Remote Monitoring System (RMS) of solar power plants under Mukhyamantri Saur Krushi Vahini Yojana 2.0 of PM-KUSUM Solar projects across various districts in the state of Maharashtra. The total contract value is Rs 575.74 crore.
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.
