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543971 — Bondada Engineering News Story

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India's Bondada Engineering hits upper circuit after contract win

** Shares of Bondada Engineering BOND.BO rises an exchange-allowed maximum of 5% to 466.3 rupees

** Engineering co gets order worth 8.36 billion rupees ($97.11 million) from Tamil Nadu Green Energy Corp to set up battery energy storage systems in the state

** BOND trades above 50-, 100- daily moving avgs, indicating bullish sentiment

** Stock down ~25% YTD

($1 = 86.0850 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))

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