BSEBondada Engineering LtdMediumPositive
Announced Tue, 22 Apr · 16:30 IST

Receipt of Work Order from Dinesh Engineers Ltd

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bondada Engineering Limited has received a work order from M/s. Dinesh Engineers Limited for the supply of 55 numbers of 40 Mtr towers along with all accessories such as bolts, nuts, and fasteners. The delivery is to be made at sites in Chhattisgarh and Jharkhand. The total order value is Rs. 5,93,38,719 (approximately Rs. 5.93 crore, including GST). The order is a domestic one and is to be executed within 8 months from the date of the purchase order. There is no promoter or related-party interest in the entity awarding the order.

Likely market impact

This is a modest new order worth about Rs. 5.93 crore for Bondada Engineering, adding to its order book. While positive, the size appears routine and is unlikely to materially move the stock on its own.