The company's majority of stake i.e., 23.15 per cent, is owned by the Government of India (Department of Investment and Public Asset Management).

The stock is up by 47 per cent from its 52-week low of Rs 210.20 per share.

 The shares of the company saw a spurt in volume by more than 1.47 times on BSE.

The stock gave returns of 77 per cent in 1 year and more than 600 per cent in 5 years. Quant Mutual Fund hold 6.91 per cent stake in this company. 

The company has a market capitalization of over Rs 73,000 crore and as of September 23, 2024, the shares of the company are trading below Rs 15 each.

Official documents reveal promoter and marquee investors purchased shares of the debt-ridden company after an 11 per cent slump in share price on September 6

The stock gave multibagger returns of 1,250 per cent since its stock was listed on both exchanges in April 2005.

Order book: As of March 31, 2023, the company’s order book stood at Rs 10,290 crore which is spread across its three business units- Optical Networking, Global Services, and Digital.

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.