The order, valued at an impressive Rs. 32,72,62,026  involves the supply of 40mtr Towers along with all the requisite accessories. The contract stipulates the delivery of 300 units, with 200 earmarked for Ranchi, Jharkhand, and 100 for Raipur, Chhattisgarh. This domestic deal marks a significant milestone for Bondada Engineering, showcasing its prowess in providing comprehensive Engineering, Procurement, and Construction (EPC) services.

The company has delivered returns of 8.42 per cent over the past year and stellar returns of 192 per cent over the past 3 years.

Commenting on the company’s quarter performance, Ankit Agarwal, Managing Director, STL, said, “Amidst global challenges, we continue to drive our market presence and pursue our ambition to be among the world's top 3 optical companies. We are focused on long-term, sustainable growth and aim to deliver a 7 per cent to 9 per cent revenue increase this financial year while targeting a net debt to EBITDA ratio of less than 2.5 to further strengthen our financial position. With a proactive approach and an exceptional team, we embrace the future with optimism and stay agile to seize new opportunities in the dynamic market landscape.”

The company has attracted significant buying interest due to its outstanding returns of over 9 per cent.

On Monday, shares of ITI Ltd surged by 0.23 per cent and made an intraday high of Rs 109.80. 

The stock gave returns of 395.90 per cent in 2 years and over 3,111 per cent returns in just 3 years.

After this announcement stock rose 1.17 per cent.