Bondada Engineering soars on incorporating wholly owned subsidiary in UAE
Mumbai, November 11 (Udaipur Kiran): Bondada Engineering is currently trading at Rs. 307.70, up by 14.05 points or 4.78% from its previous closing of Rs. 293.65 on the BSE.
The scrip opened at Rs. 297.85 and has touched a high and low of Rs. 308.00 and Rs. 295.00 respectively. So far 18347 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 434.70 on 17-Nov-2025 and a 52 week low of Rs. 215.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 308.00 and Rs. 270.05 respectively. The current market cap of the company is Rs. 3387.55 crore.
The promoters holding in the company stood at 61.52%, while Institutions and Non-Institutions held 0.60% and 37.87% respectively.
Bondada Engineering has incorporated wholly owned subsidiary by name ‘Bondada International FZ-LLC’ in the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates (UAE). This strategic initiative marks an important step in the company’s international expansion plans and is aimed at establishing a dedicated overseas holding structure for the Group’s international business operations.
The incorporation of Bondada International FZ-LLC is intended to provide a structured platform for pursuing international business opportunities, strengthening the Group’s global presence and facilitating future growth across its key business verticals, including renewable energy, Battery Energy Storage Systems (BESS), telecom, energy and power infrastructure, along with other related business opportunities.
Bondada Engineering is engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.