Bondada Engineering has secured a significant purchase order worth ₹10.44 crore from Veremax Technologie Services for the supply of BSNL 40-Meter Telecom Towers, Foundation Bolts and Templates. According to reports from Business Standard, the order will be executed through the company's manufacturing subsidiary, Bondada Green Engineering, which is equipped with state-of-the-art tower manufacturing facilities. The contract involves the supply of BSNL 40-Meter Telecom Towers, Foundation Bolts and Templates for various locations across South India, with delivery scheduled within three months.
The contract involves the supply of BSNL 40-Meter Telecom Towers, Foundation Bolts and Templates for various locations across South India. As reported by Business Standard, this order will be executed through the company's manufacturing subsidiary, which is strategically positioned to handle large-scale telecom infrastructure projects. The project scope involves only the supply of the specified telecom infrastructure components, with the transaction confirmed as not involving any related party according to Bondada Engineering's statement. The order is for the supply of BSNL 40-metre telecom towers, along with foundation bolts and templates, with these components to be delivered to various locations across South India.
The award of this ₹10.44 crore contract represents a significant addition to Bondada Engineering's order book in the telecom infrastructure sector. According to Business Standard, the execution through the subsidiary Bondada Green Engineering demonstrates the company's capability to handle large-scale telecom projects while leveraging its specialized manufacturing facilities. This contract win reinforces the company's position in the telecom infrastructure market, with the three-month delivery timeline positioning the company to capitalize on the growing telecom infrastructure demand across South India.
As of July 17, 2026, Bondada Engineering shares are trading at ₹291.50, down 0.18% from the previous closing price of ₹296.1. The stock has a market capitalization of ₹3,236.21 crore and trades within the General sector with a market cap rank of 67. The company's 52-week high stands at ₹503.00 while the 52-week low is ₹215.00, indicating significant volatility in recent trading sessions. The stock's PE ratio stands at 16.78 and PB ratio is 4.46, reflecting current market valuations.
