Rs 5,044 Crore Order Book: Tower Manufacturer Bags New Order Worth Rs 1,33,34,000 From Bharti Airtel Ltd
The stock is up by 30 per cent from its 52-week low of Rs 310.05 per share.
On Tuesday, shares of Bondada Engineering Ltd plunged 5.34 per cent to Rs 381.90 per share from its previous closing of Rs 403.45 per share. The stock’s 52-week high is Rs 753.98 per share and its 52-week low of Rs 310.05 per share.
Bondada Engineering Limited, through its subsidiary Bondada Green Engineering Private Limited (BGEPL), has secured a domestic work order from M/s. BHARTI AIRTEL LIMITED for the supply of 6-meter height, 60kg hot-dipped galvanised GI poles without a base, specifically for Tamil Nadu, with the total consideration of Rs 1,33,34,000 (inclusive of GST) and a completion timeline of one month from the Purchase Order date.
Incorporated in 2012, Bondada Engineering Limited delivers comprehensive engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services primarily for the telecom and solar energy sectors, boasting partnerships with major telecom companies like Reliance Jio and Airtel, having successfully installed over 12,500 telecom towers and a 4,300 km OFC network; the company's manufacturing capabilities extend to telecom and transmission towers, solar MMS, and building materials under brands like Smartfix, alongside lifestyle products such as uPVC and aluminium doors and windows, and they further provide extensive O&M services for both telecom infrastructure and solar power plants, managing a solar O&M portfolio of 20 MW.
The company has a market cap of over Rs 4,000 crore and the order book as of March 31, 2025 stands at Rs 5,044 crore. The stock is up by 30 per cent from its 52-week low of Rs 310.05 per share. The company's shares have an ROE of 69 per cent and an ROCE of 78 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.
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