Bondada Engineering touches the roof as its arm completes first export order to USA
Bondada Engineering is locked its upper circuit limit at Rs. 357.85, up by 17.00 points or 4.99% from its previous closing of Rs. 340.85 on the BSE.
The scrip opened at Rs. 342.05 and has touched a high and low of Rs. 357.85 and Rs. 342.05 respectively. So far 597600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 2 has touched a 52 week high of Rs. 753.98 on 28-Aug-2024 and a 52 week low of Rs. 142.78 on 15-Mar-2024.
Last one week high and low of the scrip stood at Rs. 391.00 and Rs. 330.00 respectively. The current market cap of the company is Rs. 3930.14 crore.
The promoters holding in the company stood at 63.33%, while Institutions and Non-Institutions held 1.05% and 35.62% respectively.
Bondada Engineering’s subsidiary-- Bondada Green Engineering has successfully completed its first export order by exporting 1982 MT of WS Beams to GameChange Solar Corp, Norwalk, Connecticut, USA.
This transaction reinforces India’s position as a trusted global manufacturing hub and aligns with the vision of Viksit Bharat- a self-reliant and future-ready nation. The WS Beams play a pivotal role in enhancing solar infrastructure by providing superior durability, efficiency, and sustainability. This contributes to the USA’s clean energy transition while showcasing India’s innovation and reliability in the renewable energy sector.
This achievement is not just a business success but a testament to India’s commitment to innovation, excellence, and sustainability on the global stage. Bondada Group remains dedicated to fostering a greener planet and further strengthening India's global footprint in the Green Energy Sector.
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.
