24 Oct 2025

Bondada Engineering Shares Rise After Securing Rs 1,050 Crore Order from Adani Group

Bondada Engineering’s stock is trading at Rs 468.00, up by Rs 5.15 or 1.11% from its previous close of Rs 462.85 on the BSE.

The stock opened at Rs 470.00 and recorded an intraday high of Rs 474.90 and a low of Rs 463.40. A total of 3,75,400 shares have been traded so far.

In the past 52 weeks, the company’s share has touched a high of Rs 719.50 on December 12, 2024, and a low of Rs 330.00 on March 4, 2025. Over the last week, the scrip’s high and low were Rs 474.90 and Rs 417.00, respectively. The company’s current market capitalization stands at Rs 5,256.05 crore.

Promoter shareholding in the company is 62.42%, while institutional and non-institutional investors hold 1.57% and 36.00%, respectively.

Bondada Engineering recently received a Letter of Intent (LoI) worth Rs 1,050 crore (excluding taxes) from the Adani Group. The contract involves the supply of goods for the Balance of System (BOS) for a 650 MW Solar Power Project at Khavda Renewable Energy Park, Gujarat, to be executed within one year.

The company operates in the engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) sectors, catering to clients in the telecom and solar energy industries across India.