Bondada Engineering Ltd shares surged by 5% following the announcement of a groundbreaking Memorandum of Understanding (MoU) to develop a 100MW hybrid renewable energy plant in Assam. As of 9:30 AM, Bondada Engineering shares were trading 4.99% higher at Rs 577.00.
The project, valued at approximately ₹450 crores, will be executed by Bondada Renewable Energy Limited, a wholly-owned subsidiary of Bondada Engineering Ltd.
The MoU was signed at the Advantage Assam 2.0 Summit 2025, with Bondada’s Chairman and Managing Director and Assam’s Education Minister in attendance.
Bondada Engineering’s shares opened at ₹563.00 today, reaching a high of ₹585.00 and a low of ₹563.00 during the session. The stock’s 52-week range spans from a low of ₹114.00 to a high of ₹753.98, reflecting significant growth potential.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
