Rs 1,747 crore order book and 1,050 per cent returns: This multibagger telecom stock bags new order worth Rs 2,31,29,227!
Shares of the company have gained about 320 per cent in the last six months.
Bondada Green Engineering Private Limited, a subsidiary of Bondada Engineering Limited, has secured a domestic order worth Rs. 2,31,29,227 (including GST) from Shiv Shakti Constructions. This contract involves the fabrication, galvanization, and supply of various types of towers, including their bodies, legs (both equal and unequal lengths), and extensions. It excludes stubs, bolts & nuts, hangers, D-shackles, and packing washers.
Recently, Bondada Engineering Limited secured a new order from Bharti Airtel Limited for the supply of galvanized iron (GI) poles. These poles will be 6 meters tall, weigh 60 kilograms each, and won't have a base. The total value of the order is Rs. 1,36,88,000 and will be delivered to Tamil Nadu and Kerala. The company has a total order book of Rs 1,747 crore.
The company posted strong half-yearly Results. The revenue of the company for H2FY24 stood at Rs 505.00 crore which grew by 99.11 per cent YoY. The operating profit of the company stood at Rs 49.67 crore, while the PAT of the company stood at Rs 31.44 crore, representing a substantial growth of 145.88 per cent YoY. The stock has delivered over 1,050 per cent returns in less than one year.
Bondada Engineering Limited provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. The company provides passive telecom infrastructure services which include cell site construction, erection, operation, and maintenance of telecom towers with civil, electrical, and mechanical works.
The stock has shown tremendous growth and investors should keep a close eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
Related articles
-
Rs 1,747 crore order book and 1,800 per cent multibagger returns: This telecom infrastructure stock bags new order worth Rs 14,64,85,436!
-
Upper circuit alert: Heavy buying witnessed in this multibagger infrastructure stock; hits fresh 52-week high!
-
Rs 1,747 crore order book and 1,200 per cent returns: Back-to-back upper circuit in this multibagger stock; bags order worth Rs 2,43,86,625!
-
Heavy buying: Back-to-back upper circuit in this multibagger railway stock; gains over 350 per cent!
-
Rs 12,434 crore order book and FIIs & DIIs increase stake: Heavy buying witnessed in this multibagger infrastructure stock; gains over 250 per cent!
-
Heavy buying and Rs 1,695 crore order book: Back-to-back upper circuit in this multibagger stock; bags new order worth Rs 433.91 crore!
-
Heavy buying: Back-to-back upper circuit in this multibagger stock; hits fresh 52-week high!
-
300 per cent returns and Rs 338 crore order book: This multibagger infrastructure stock bags new orders worth Rs 13,77,95,128!
-
Rs 53,500 crore order book and FIIs & DIIs increase stake: This multibagger construction stock bags Rs 644.91 crore order from RVNL and NUPPL!
-
Upper circuit alert: This micro-cap multibagger stock bags new order worth Rs 950 lakhs; reports 280 per cent jump in PAT!
-
Multibagger in just six months and Rs 1,695 crore order book: This micro-cap construction company bags new order worth Rs 18,04,30,756 from BSNL!
-
This low-priced multibagger, upper-circuit stock is about to invest Rs 300 crore in an ethanol plant; do you own it?
-
Upper circuit alert: This multibagger micro-cap construction company bags new order worth Rs 1,37,50,000 from Bharat Airtel!
-
Rs 2,288 crore order book: This multibagger infrastructure company bags new orders worth Rs 32 crore from Eastern Railway!
-
Rs 800 Crore Order Book: This Aerospace & Defence Electronic Company Bags Order Worth Rs 1,250 Crore from Larsen & Toubro!
-
Penny Stock Under 15: Company Bags Order Worth Rs 1,96,80,000 from BSNL; Stock Hits Upper Circuit Today!
-
Rs 57,536 Crore Order Book: Rekha Rakesh Jhunjhunwala-Backed Construction Company Bagged Order Worth Rs 335 Crore in June, Stock Gains Over 160 Per cent in Just 1 Year!
-
Stock Hits Upper Circuit After Small-Cap Multibagger Announces 3:1 Bonus Shares; Stock Gains Over 200 per cent in Just 6 Months Only!
-
Heavy buying: Back-to-back upper circuit in this multibagger solar power stock; bags new order for solar power plant worth Rs 4.12 crore!
-
This Artificial Intelligence Company's Shares Hit Upper Circuit: Here's Why? Promoter Increased Stake from 4.03 per cent to 34.03 per cent & FIIs own 22.93 per cent stake!