Intimation of receipt of LoA from NTPC

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹366.00

prior close

₹375.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+1.3% vs market

Telecom - Infrastructure peers, median of 5sector-2.4%+3.3% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 3.3 pts more than its Telecom - Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+0.8-0.5+1.3-2.4+3.3

Next day

-0.0-1.3+1.3-3.3+3.2

-1.4-1.4-0.0-4.6+3.2

+0.7+0.0+0.7-0.8+1.5

+0.3+0.2+0.1+0.8-0.5

+1.2+1.2+0.1+1.6-0.4

-1.1+0.8-1.9+1.6-2.7

15d

-12.2-5.1-7.1-9.5-2.7

-11.1-8.8-2.3-10.8-0.2

-12.2-4.5-7.8+7.1-19.4

-33.9-13.7-20.2-1.3-32.6

UpDownMarket · Nifty Microcap 250Sector · Telecom - Infrastructure peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bondada Engineering has won a Letter of Award from NTPC Green Energy Limited (NGEL) for Balance of System (BOS) works on a 300 MW Solar PV Project at Lalitpur, to be executed on EPC basis along with 3 years of O&M services. The order is valued at approximately Rs. 391.38 crore (inclusive of GST) and is to be completed within 15 months from receipt of the LoA. This is the company's first order from NGEL and strengthens its relationship with marquee PSU clients. With this win, Bondada's total EPC order book now stands at approximately 3.3 GW.

Likely market impact

The Rs. 391 crore order is a sizeable addition to the order book and should provide meaningful revenue and earnings visibility over the next 4-5 quarters; winning from a top-tier PSU like NTPC Green Energy also validates execution capability and could support sentiment on the stock.