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;))
Recent news on Bondada Engineering
See all newsBrief: Bondada Engineering Receives LoI For 20 MW / 120 MWH VRFB BESS EPC Package
Brief: Bondada Engineering Receives Epc Order Of 11.54 Billion Rupees For 270 Mwp Solar Project In Maharashtra
India's Bondada Engineering jumps on securing order worth $120 million
Brief: Bondada Engineering Secures Multiple Orders Aggregating To 1.47 Billion Rupees
Brief: Bondada Engineering Receives LoI For 410.1 Million Rupees Smart Energy Metering Project