Introduction:
Infra stock secured an ₹88.49 crore order for BOS items supply and EPCC services in Gujarat, emphasizing its expertise in renewable energy projects and reinforcing its strong presence in the domestic infrastructure and energy sector.
Share Price movement of Bondada Engineering:
On January 21, 2025, Bondada Engineering Ltd opened at ₹632.00, up 0.22% from its previous close of ₹622.60. The stock reached a high of ₹634.75 and a low of ₹591.00. By 12:00 PM, it traded at ₹624.00, with a market cap of ₹6,739.84 crore.
Bondada Engineering’s new order:
Bondada Engineering Limited has secured a significant work order from KPI Green Energy Limited for BOS items supply and services related to EPCC works at Vagra, Amod, and Rajkot locations. The project highlights Bondada’s growing presence in the domestic energy sector.
The ₹88.49 crore contract, including GST, is scheduled for completion within 90 days from the purchase order receipt. The agreement underscores Bondada’s expertise in delivering high-quality engineering and procurement services within stringent timelines, strengthening its market credibility.
The work order is not a related party transaction, and neither Bondada’s promoters nor its group companies have any vested interest in KPI Green Energy. This achievement reinforces Bondada’s commitment to excellence in the renewable energy infrastructure sector.
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Recent news About Bondada Engineering :
On December 4, 2024, Bondada Engineering Ltd received a ₹108.90 crore work order from Bihar Renewable Energy Development Agency for designing, supplying, and maintaining smart solar street lights under the Mukhyamantri Gramin Solar Street Light Yojana on an EPC basis.
Ace investor holding of Bondada Engineering:
Umamaheswararao Dutta, an ace investor, holds a 4.40% stake in Bondada Engineering Ltd, amounting to 4,750,000 shares valued at ₹295.5 crore. This significant investment highlights his confidence in the company’s growth and potential in the infrastructure and engineering sectors.
Venkata Durgaprasad Marumokham, a notable investor, holds a 2.64% stake in Bondada Engineering Ltd, equating to 2,850,000 shares valued at ₹177.3 crore. His investment underlines confidence in the company’s growth trajectory within the infrastructure and engineering domain.
Stock performance of Bondada Engineering for Period of 1 week, 6 months and 1 year:
Bondada Engineering’s stock demonstrated impressive performance, gaining 13.0% over the past week and 6.73% over the last six months. Over the past year, it achieved a remarkable return of 464%, highlighting its significant growth and investor confidence during this period.
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Shareholding pattern of Bondada Engineering:
Summary | Sep-24 | Jun-24 | Mar-24 |
Promoter | 63.30% | 63.30% | 63.30% |
FII | 0.80% | 0.60% | 1.00% |
DII | 0% | 0% | 0% |
Public | 35.90% | 36.10% | 35.7% |
About Bondada Engineering:
Bondada Engineering Ltd is a leading infrastructure and engineering solutions provider specializing in project management, construction, and EPC services. The company is renowned for delivering innovative, high-quality solutions across sectors, driving growth and sustainability in India’s infrastructure landscape.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.