29 Mar 2025

Bondada Engineering Shares Surge; Subsidiary Secures Rs. 4.91 Crore Order

Bondada Engineering is currently trading at RS. 382.00, marking an increase of 10.35 points or 2.78% from its previous closing of RS. 371.65 on the BSE.

The stock opened at RS. 372.05 and recorded a high of RS. 390.20 and a low of RS. 372.05. A total of 2,97,400 shares have been traded so far.

The BSE group 'M' stock, with a face value of RS. 2, has hit a 52-week high of RS. 753.98 on August 28, 2024, and a 52-week low of RS. 170.40 on March 28, 2024. Over the past week, the stock’s high and low stood at RS. 434.40 and RS. 371.65, respectively. The company's current market capitalization is RS. 4,217.34 crore.

Promoters hold a 63.33% stake in the company, while Institutions and Non-Institutions own 1.05% and 35.62%, respectively.

Meanwhile, Bondada Engineering’s subsidiary, M/s. Bondada Green Engineering, has secured a work order from M/s. SR Power Systems India for the supply of 220KV MS tower parts to be delivered at Mancherial, Telangana. The order, valued at RS. 4.91 crore, is set to be executed within a week after receiving drawing approval.

Bondada Engineering specializes in engineering, procurement, and construction (EPC) services, along with operations and maintenance (O&M) services, catering to telecom and solar energy industries across India.