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 |
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