This SME multibagger company received a new order of Rs 20,18,13,474 and has marquee clients like Bharti Airtel and BSNL.
In the month of November, the company secured a total of 5 orders totalling Rs 91,55,99,300, which is a remarkable achievement for the company.
Bondada Engineering Limited today announced that it has received a work order from M/s. PACE DIGITEK INFRA PRIVATE LIMITED for the supply of 40-meter ground-based towers capable of withstanding 200 KMPH winds. The towers will be supplied to Gujarat and Maharashtra.
The order value is Rs 20,18,13,474/-
Since going public on the stock exchange, Bondada Engineering's shares have produced multibagger returns of 173.77 per cent over its life period. As of the time of writing, shares are trading at Rs 444. With a market valuation of Rs 959 crore, Bondada Engineering is classified as a small and medium-sized enterprise. The company has a high promoter holding of about 63 per cent and a respectable return on equity of 26.1 per cent.
In the month of November, the company secured a total of 5 orders totalling Rs 91,55,99,300, which is a remarkable achievement for the company.
In the last 24 days, the company has received orders from marquee clients like Bharti Airtel, Bharat Sanchar Nigam Ltd., and Dinesh Engineers Ltd.
The business had significant growth in net profit and sales in the first half of FY24; net profit increased by 338 per cent and sales by 253 per cent, respectively, year over year.
BONDADA is a leading provider of engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to customers in the telecom and solar energy industries. The company has a strong track record of providing high-quality, cost-effective solutions to its customers.
Disclaimer: The article is for informational purposes only and not investment advice.
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