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Multibagger Solar Stock Doubles in 3 Months—Upper Circuit Hits Again


Bondada Engineering Ltd Share Price: Bondada Engineering Ltd is a company that has been awarded work worth millions of rupees. This work has been done by the company in Maharashtra.

Bondada Engineering Ltd announced in an announcement to the stock exchanges that it had obtained a solar energy project in Maharashtra, under the PM Kusum Yojana.

On Tuesday, again there was an upper circuit in the shares of the company. Let’s know in detail about this work order-

From Whom Did The Company Get This Work?

Bondada Engineering Ltd was awarded this contract by Lumina Clean Energy Private Ltd., Pure Light Private Limited, and VVKR photovoltaics Energy Private Limited.

The company must install a design, survey and supply system, as well as an installation, testing, grid-connected distribution system, and a supply, installation, test, and installation of the solar plant.

The company must also install another 11 kW power plant under this scheme. This project is part of the Mukhyamantri Saur Krushi Vahini Yojana 2. This project will cost 576 crore rupees.

What Is The Performance Of The Company On The Stock Exchange?

After Monday, the company’s shares have once again hit an upper circuit on Tuesday. 

After the upper circuit, the price of Bondada Engineering Ltd share reached the level of Rs 3684.45. The company’s 52-week high is shown here.

The 52-week high of the company has been changing continuously over the last six trading days. In just six months, the share price of this company has risen by more than 300 %.

Investors who held the stock for three months received a 95 % return. The price of shares at this time last year was less than 150 rupees.

Since then, stock prices have risen by more than 2000%. Bondada Engineering Ltd 52-week low is 142.50 rupees. The company’s market capitalization is 7580.16 Crore rupees.

Bondada Engineering Ltd Stock Performance

Market Cap ₹ 7,959 Cr.
Current Price ₹ 3,684
52wk High ₹ 3,684
52wk Low ₹ 142
5 days Return 11.21%
1 Month Return 22.61%

Company’s Fundamentals

Stock P/E 178
Book Value ₹ 75.1
Dividend 0.00 %
ROCE 35.5 %
ROE 37.2 %
Face Value ₹ 10.0
P/B Value 49.0
OPM 8.55 %
EPS ₹ 20.7
Debt  ₹ 62.5 Cr.
Debt to Equity 0.39

Bondada Engineering Ltd Shareholdings

Promoters 63.33%
FII’s 0.60%
Public 36.08%

Last 5 Years’ Sales (Figures in Rs. Crores)

Year Sales
2020 229
2021 287
2022 334
2023 371
2024 801

Last 5 Years’ Net Profit (Figures in Rs. Crores)

Year Net Profit
2020 10
2021 9
2022 10
2023 17
2024 46

Disclaimer: The website and its content are for informational purposes only and should not be considered investment advice.

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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