5:1 Stock Split: Multibagger Engineering Company Bags Order Worth 10,20,25,000 from Airtel – Stock Gains Over 1,500 Per cent in Just 1 Year!

The company’s shares have delivered a multibagger return of over 290 per cent in just 6 months only.

The Small-Cap company offers engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services to companies in the telecom and solar energy sectors.

One of the subsidiaries of Bondada Engineering Limited, Bondada Green Engineering Private Limited (BGEPL), has received work orders from Bharti Airtel Limited for the following:

• Supply of 8-meter height poles weighing 82kg, including plate, bracket, and cross-section for cable GBPA for GI poles.
• Supply of 6-meter height GI poles weighing 60kg (hot-dipped galvanized) without a base for GBPA for GI poles.

The total order value is Rs 10,20,25,000 (Rupees Ten Crore Twenty Lakh Twenty Five Thousand, including GST).

Today, the shares of Bondada Engineering Limited closed at around Rs 615.35 per share. The company’s current market capitalization stands at Rs 6646 crore. Additionally, the shares have delivered multibagger returns of over 290 per cent in just 6 months.

The company doesn’t announce Quarterly Results and as per half-yearly results in March 2024, Bondada Engineering Limited recorded a revenue of Rs 505 crore from Rs 254 crore. The operating profit stood at Rs 48 crore. The net profit stood at Rs 31 crore compared to a profit of Rs 13 crore last year same period. Looking at the annual performance, the company generated a revenue of Rs 801 crore in FY24. The operating profit for FY24 was Rs 68 crore with a net profit of Rs 46 crore compared to a net profit of Rs 17 crore in FY23.

Investors must keep this stock on their radar.

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

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