Bondada Engineering shares rise nearly 3% on February 29 after securing an order worth ₹81 crore from NLC India. At the time of writing, the stock was trading at ₹918 which is a 2.58% gain from the previous close.
NLC India Limited awards Bondada Engineering the work order for Balance of System (BOS) work for a SOMW solar power project, along with a three-year O&M contract, totaling ₹81,34,02,405 (Including GST).
The project is scheduled to be completed within 15 months from the date of Letter of Award (LOA). In February 2024, Bondada Engineering received a work order from Sundrops Energia Private Limited for supplying equipment for a solar power plant, valued at ₹4,93,17,121 (including GST).
Bondada Engineering’s stock touched a 52-week high of ₹949.95 and a 52-week low of ₹75.00 on February 23, 2024, and August 28, 2023, respectively. Currently, the stock is trading 3.36% below its 52-week high and 1124% above its 52-week low. The share price has surged over 500% in the last six months.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.