Introduction:
Infra stock secured a Letter of Award from South Central Railways for a ₹228.17 crore project. It involves ground infrastructure, 4G LTE-R network installation, and tower pile foundation, marking its expansion into the railway infrastructure sector and strengthening its industry presence.
Share Price movement of Bondada Engineering:
On February 10, 2025, Bondada Engineering Ltd opened at ₹450.05, reaching a high of ₹465.00 2.59% increase from its previous close of ₹453.25 and a low of ₹435.00. Currently, it is trading at ₹436.80, with a market cap of ₹4,717.89 crore.
Bondada Engineering share price rise:
Bondada Engineering Limited has received a Letter of Award from South Central Railways for the Kavach Project. The contract includes ground infrastructure, 4G LTE-R network installation, and tower pile foundation. This marks the company’s expansion into the railway infrastructure sector.
The ₹228.17 crore contract, including GST, is a domestic project with a 720-day execution timeline. It highlights Bondada Engineering’s expertise in telecom and renewable energy while diversifying into railway infrastructure. The order was awarded with no promoter group involvement, ensuring transparency.
This milestone strengthens Bondada Engineering’s presence in infrastructure development. The project aims to enhance railway safety and connectivity through advanced technology solutions. It reinforces the company’s commitment to growth, innovation, and delivering high-quality infrastructure solutions for India’s expanding railway network.
Also Read: Railway stock jumps after it receives ordere worth ₹355 Cr for Kavach equipment
Recent news About Bondada Engineering :
In December 2024, Bondada Engineering Limited secured a ₹108.9 crore contract from Bihar’s renewable energy agency to install solar street lights across the state within 18 months. This project aims to enhance rural infrastructure and promote sustainable energy solutions.
Ace investor holding of Bondada Engineering:
Umamaheswararao Dutta holds 4,750,000 shares of Bondada Engineering Ltd at a current price of ₹437.00, representing a 4.40% stake. His total holding is valued at ₹207.6 crore. There has been no change in his shareholding from the previous quarter, indicating stable confidence.
Venkata Durgaprasad Marumokham owns 2,850,000 shares of Bondada Engineering Ltd at ₹437.00, holding a 2.64% stake. His total investment is worth ₹124.5 crore. Like Dutta, his holdings have remained unchanged from the previous quarter, suggesting long-term conviction in the company’s growth potential.
Stock performance of Bondada Engineering for Period of 1 week, 6 months and 1 year:
Bondada Engineering’s stock declined 8.60% over the past week, reflecting short-term volatility. Over six months, it dropped 25.6%, indicating a significant correction. However, on a yearly basis, the stock delivered an impressive 225% return, showcasing strong long-term growth despite recent fluctuations.
Also Read: Agrochemical stock falls 11% after its net profit decreases by 85.87% QoQ
Shareholding pattern of Bondada Engineering:
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 63.30% | 63.30% | 63.30% |
| FII | 1.00% | 0.80% | 0.60% |
| DII | 0.00% | 0% | 0% |
| Public | 35.60% | 35.90% | 36.10% |
About Bondada Engineering:
Bondada Engineering Ltd specializes in telecom, renewable energy, and infrastructure development, focusing on tower installations, solar power projects, and railway engineering. The company is expanding its footprint in railway infrastructure, strengthening its position in India’s growing infrastructure and technology-driven sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
