Bondada Engineering's subsidiary receives order from Reliance Projects and Property Management Services Ltd

One of the Subsidiaries of Bondada Engineering Limited namely M/s. Bondada Managed Services Private Limited has received work orders from M/s. Reliance Projects & Property Management Services Limited.

The order is for

1. TG_Main SP O&M Contract_Facility
2. TG_Main SP O&M Contract_Fiber & FTTx
3. TG_Main SP O&M Contract_Tower

Yearly contract value - Rs. 1,05,60,98,466/- (Rupees One Hundred and Five Crore Sixty Lakh Ninety-Eight Thousand Four Hundred and SixtySix Only) (including GST)

Periodicity of the contract - 3 Years

Contract Period - 01st Jul 2024 to 30th Jun 2027

Total contract value - Rs. 316,82,95,398/- (Rupees Three Hundred and Sixteen Crore Eighty-Two Lakh Ninety-Five Thousand Three Hundred and Ninety-Eight Only (inclusive of GST)

Shares of Bondada Engineering Limited was last trading in BSE at Rs. 2500.55 as compared to the previous close of Rs. 2552.70. The total number of shares traded during the day was 34400 in over 138 trades.

The stock hit an intraday high of Rs. 2645.00 and intraday low of 2451.00. The net turnover during the day was Rs. 87811260.00.

Source : Equity Bulls

Keywords

BondadaEngineering INE0Q8P01011 TelecomInfrastructure BondadaManagedServices OrderWin RelianceProjectsandPropertyManagementServices