Rs 7,385 Crore Order Book: Bondada Engineering Subsidiary Bags Rs 35.40 Crore Order for 40M Towers
The stock price has surged by over 766 per cent in the last 5 years. The stock has also gained about 2.53 per cent from its 52-week low of Rs 277 per share.
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On Friday, shares of Bondada Engineering Ltd jumped 0.30 per cent to Rs 284 per share from its previous closing of Rs 283.15 per share. The stock’s 52-week high is Rs 510 per share and its 52-week low is Rs 277 per share. As of 11:24 IST, the stock also touched an Intraday high of Rs 287.25, reflecting a surge of about 1.45 per cent from the previous close.
Bondada Engineering Ltd announced that its subsidiary, Bondada Green Engineering Pvt Ltd, has secured a domestic work order from Pratap Technocrats Pvt Ltd valued at Rs 35,39,94,525 (Rs 35.40 crore), inclusive of GST.
The project involves the supply of 40M Towers along with all necessary hardware, foundation bolts and foundation templates. The order highlights Bondada’s growing capabilities in delivering critical infrastructure components used in telecommunications and power sector projects. According to the company’s regulatory filing with the BSE, the contract is expected to be completed by October 2026.
The company stated that the order does not involve any related party transactions. It also clarified that the promoter or promoter group has no interest in Pratap Technocrats Pvt Ltd.
The latest contract strengthens Bondada Engineering’s expanding project pipeline. By securing the order through its subsidiary, the group continues to strengthen its footprint as a reliable supplier in the domestic infrastructure sector. Headquartered in Kushaiguda, Hyderabad, the company remains focused on delivering engineering solutions and has shared the development through official stock exchange filings and its website.
The company has a market cap of over Rs 3,000 crore. The stock price has surged by over 766 per cent in the last 5 years. The stock has also gained about 2.53 per cent from its 52-week low of Rs 277 per share.
Disclaimer: The article is for informational purposes only and not investment advice.
