Bondada Engineering touches the roof after its arm bags first International work order
Bondada Engineering is currently trading at its upper limit of Rs. 2666.90, up by 126.95 points or 5.00% from its previous closing of Rs. 2539.95 on the BSE.
The scrip opened at Rs. 2615.00 and has touched a high and low of Rs. 2666.90 and Rs. 2430.00 respectively. So far 38000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 3049.70 on 25-Jun-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. 2799.00 and Rs. 2430.00 respectively. The current market cap of the company is Rs. 5532.29 crore.
The promoters holding in the company stood at 63.33%, while Institutions and Non-Institutions held 0.95% and 35.72% respectively.
Bondada Engineering’s subsidiary -- Bondada Green Engineering (BGEPL) has received its first International work order from M/s. GameChange Solar, Norwalk, Connecticut, United States for supply of Solar Module Mounting Structures (MMS). The company received order worth $11,46,400 (Equivalent around Rs 9.60 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.
