Bondada Engineering share price touched a 52-week high of Rs 436.90, rising 3.4 percent in the early trade on November 20 after the company received work orders worth Rs 32.72 crore from Dinesh Engineers.
At 09:20 hrs Bondada Engineering was quoting at Rs 436, up Rs 14.45, or 3.43 percent on the BSE.
The company will supply 40mtr towers with all the accessories with total 300 towers to be supplied in Jharkhand and Chhattisgarh.
The company to supply 200 towers to Ranchi, Jharkhand and 100 to be supplied to Raipur, Chhattisgarh.
Last week, the company received Rs 34.35-crore order from Bharat Sanchar Nigam (BSNL) to provide infrastructure as a service (IaaSP) for the supply and erection of GBT, infrastructure as a service provider (IaaSP) for the supply installation of infrastructure items and subsequent operation & maintenance (O&M) for five years for the cluster of Lakshadweep.
Earlier this month, the company bagged an order from BSNL for providing infrastructure as and subsequent O&M for five years, amounting to Rs 381.27 crore. It also received Rs 1.37-crore order from Bharti Airtel.
Bondada Engineering provides engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to customers in the telecom and solar energy industries.