Bondada Engineering is locked its upper circuit limit at Rs. 425.05, up by 38.60 points or 9.99% from its previous closing of Rs. 386.45 on the BSE.
The scrip opened at Rs. 391.60 and has touched a high and low of Rs. 425.05 and Rs. 385.20 respectively. So far 794800 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. 326.00 on 29-May-2024.
Last one week high and low of the scrip stood at Rs. 425.05 and Rs. 380.50 respectively. The current market cap of the company is Rs. 4676.72 crore.
The promoters holding in the company stood at 63.34%, while Institutions and Non-Institutions held 1.28% and 35.38% respectively.
Bondada Engineering has received a government order (GO) from the Government of Andhra Pradesh - Energy Department for the allocation of 2000 MW AC / 2600 MWp DC Solar Power capacity at various locations across Ananthapuramu and Sri Sathya Sai districts.
The present order of Rs 9,000 crore shall increase the order book of the company to around Rs. 14,000 crore. Apart from this the company expects to add a revenue of Rs. 1160 crore from IPP from FY 2029 onwards. Furthermore, the project is to be implemented within 24 months, in accordance with the guidelines outlined in the Andhra Pradesh Integrated Clean Energy Policy - 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.
| Company Name | CMP |
|---|---|
| Vindhya Telelinks | 1676.35 |
| HFCL | 146.60 |
| Pace Digitek | 186.05 |
| Bondada Engineering | 347.70 |
| GTL Infrastructure | 1.41 |
| View more.. | |
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