Bondada Engineering just dropped a bombshell, and investors can’t stop talking about it. After grabbing a massive ₹9,000 crore solar project from the Andhra Pradesh government, the company’s shares have gone full rocket mode, hitting the upper circuit for two straight days. On Monday, it jumped another 10%, closing at ₹467.55. And if that wasn’t enough, there were over 2.8 lakh pending buy orders on BSE. That’s not just demand; that’s a frenzy.
Biggest Break Yet: A Game-Changing Solar Deal
The deal is absolutely huge. Bondada got the green light to develop 2000 MW (AC) / 2600 MWp (DC) of solar power across Anantapuramu and Sri Sathya Sai districts. Official approval came on May 15, 2025, during the State Investment Promotion Board’s meeting. And get this, it’s not just about clean energy. The project is expected to create around 3,900 jobs. That’s a serious boost for local communities.
Numbers That Make You Blink
This single deal has pushed the company’s total order book past ₹14,000 crore. From there, Bondada anticipates that its Independent Power Producer (IPP) operations will generate ₹1,160 crore in revenue beginning in FY2029. They’re doing all this through their fully-owned unit, Bondada Renewable Energy.
Stock Story: From IPO to Stardom
If you’d put money in their IPO back in August 2023 (price was just ₹75 per share), you’d be smiling right now. And in case you missed it, the company split its shares in September 2024. Every ₹10 share became five ₹2 shares.
Investor Sentiment- Off the Charts
This isn’t just a stock rally. It feels like a movement. People are hopeful. There’s a sense that Bondada isn’t just riding the green wave, they’re driving it. Sure, markets can be fickle. But when a company brings ₹9,000 crore worth of clean energy to the table, folks notice.
And right now, everyone’s watching Bondada.