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543971 — Bondada Engineering News Story

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India's Bondada Engineering jumps on securing order worth $120 million

BUZZ-India's Bondada Engineering jumps on securing order worth $120 million

** Construction and engineering firm Bondada Engineering's BOND.BO shares rise as much as 5.24% to 284 rupees apiece; stock last up 3.2%

** BOND secures engineering, procurement and construction order worth 11.54 billion rupees (about $120 million)

** Order pertains to the development of a 270 MWp ground-mounted solar photovoltaic project at various locations in western state of Maharashtra

** Order is to be executed within six months from the receipt of the order, BOND says

** BOND down 24% in 2026 so far, according to exchange data

($1 = 96.4250 Indian rupees)


(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

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