Hot Pursuit     03-Jun-24
Bondada Engg hits the roof as board to mull fund raising
Bondada Engineering was locked in an upper circuit of 5% at Rs 1,795.10 after it announced that its board is scheduled to meet on 5 June, 2024 to consider raising funds via private placement basis.
The company may issue equity shares or any other equity-linked or convertible securities through all or any permissible modes or method, including private placement, preferential issue or such other modes as may be permitted under applicable law, subject to all such regulatory/statutory approvals.

Bondada Engineering is a infrastructure company that provides engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services to customers in the telecom and solar energy industries throughout India.

The company reported a consolidated net profit of Rs 46.30 crore, steeply higher than Rs 17.13 crore in Q4 FY24 over Q4 FY23. Revenue from operations soared 116.07% to Rs 800.72 crore in Q4 FY24 as compared to Rs 370.58 crore in Q4 FY23.

Previous News
  Bondada Engineering wins work order of Rs 20.36 cr
 ( Corporate News - 16-Feb-24   13:03 )
  Bondada Eng resumes uptrend after brief pause; up over 198% in six months
 ( Hot Pursuit - 23-Nov-23   12:03 )
  Nifty below 22,850 mark; pharma shares decline
 ( Market Commentary - Mid-Session 19-Mar-24   14:31 )
  Bondada Engineering receives orders valued Rs 2.92 cr from Bharti Airtel
 ( Corporate News - 22-Nov-23   17:45 )
  Bondada Engg hits the roof as board to mull fund raising
 ( Hot Pursuit - 03-Jun-24   14:19 )
  Bondada Engg board OKs to acquire 60% stake in ATPOLE
 ( Hot Pursuit - 30-Dec-23   11:00 )
  Bondada Engineering receives work order from BHEL
 ( Corporate News - 01-Nov-23   09:12 )
  Bondada Engineering to convene board meeting
 ( Corporate News - 03-Jun-24   10:36 )
  Bondada Engg bags Rs 5 cr order from Sundrops Energia
 ( Hot Pursuit - 21-Feb-24   08:54 )
  Bondada Engineering hits the roof on receiving LoI from SCCL
 ( Hot Pursuit - 19-Mar-24   13:05 )
  Bondada Engineering to convene board meeting
 ( Corporate News - 25-Oct-23   20:01 )
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