Rs 7,385 Crore Order Book: EPC Company Secures Rs 42,50,76,005 Order; Share Price Jumps 19.6 Per Cent from Day's Low

On Thursday, Indian markets opened on a negative note, with the Nifty 50 declining 2.04 per cent to trade at 22,261 in the morning session. However, by 3:00 PM, the index recovered from its Intraday low of 22,182 to close at 22,713.10, marking a recovery of approximately 2.39 per cent.

Amid this broader rebound, Bondada Engineering also saw a sharp recovery, rising from its intraday low of Rs 235 to close at Rs 281.10, reflecting a gain of around 19.6 per cent during the session. The stock remained in focus after the company announced multiple order wins

Bondada Engineering secures Rs 42,50,76,005 orders across telecom infrastructure and waste management segments

Bondada Engineering has secured multiple orders worth Rs 42,50,76,005 (inclusive of Taxes), bolstering its footprint across telecom infrastructure and environmental sustainability segments. The company received a Letter of Award from Telangana Police Housing, Infratech and Consultancy Services Corporation Limited (TGPICS) for the supply of self-supported communication towers and prefabricated equipment rooms across Telangana. The contract is part of a key communication infrastructure initiative for the Telangana Police IT&C Department to enhance statewide communication networks.

The scope of work includes design, supply, fabrication, erection, installation, commissioning and maintenance of telecom towers and prefabricated rooms, underscoring Bondada Engineering’s role in mission-critical infrastructure deployment.

In a separate development, the company secured an order from Fixity Technologies Private Limited for the execution of Plastic Waste Management Units (PWMU) under the Swachh Andhra Corporation (SAC). This project will be executed through its subsidiary, ATPOLE Technologies, and will deploy its BLDC motors technology. The scope covers supply, installation, testing and commissioning, with end-to-end execution of the PWMU project.

Both contracts have been awarded by domestic entities and are slated for execution within two to eight months from the signing of the agreement. The company stated that these diversified orders reinforce its execution capabilities across telecom infrastructure and environmental solutions, strengthening its presence in government and institutional projects.

About Bondada Engineering

Bondada Engineering Limited is an infrastructure solutions provider engaged in the execution of telecom and power-related projects. The company offers services across engineering, procurement and Construction (EPC), including the design, supply, installation and maintenance of telecom towers and network infrastructure. It also operates in emerging areas such as renewable energy and environmental solutions through its subsidiaries. With a focus on government and institutional projects, Bondada Engineering leverages its execution capabilities and technological expertise to deliver end-to-end infrastructure solutions.

The company has a market capitalisation of Rs 3,140 crore and has delivered a strong profit growth of 61.2 per cent CAGR over the last five years. In terms of stock performance, it has declined by 37.52 per cent over the past year, while delivering a return of 43.38 per cent over the two-year period.

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Disclaimer: The article is for informational purposes only and not investment advice.