Bondada Engineering Ltd

The key equity benchmarks trade with major gains in mid-afternoon trade supported by bargain buying even as the ongoing Middle East conflict kept investors cautious. However, sentiment remained guarded due to concerns over the US-Iran conflict, which continues to weigh on overall risk appetite. The Nifty traded above the 23,800 mark. Realty stocks gained for the second straight session. At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 880.03 points or 1.15% to 76,954.22. The Nifty 50 index surged 253.65 points or 1.08% to 23,834.80. The broader market outperformed the frontline indices. The BSE 150 MidCap Index soared 2.13% and the BSE 250 SmallCap Index rallied 2.31%. The market breadth was strong. On the BSE, 3,266 shares rose and 928 shares fell. A total of 148 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 4.86% to 18.83. Buzzing Index: The Nifty Realty index jumped 2.94% to 732.15. The index climbed 4.79% for the two consecutive trading sessions. Brigade Enterprises (up 5.78%), Anant Raj (up 5%), Prestige Estates Projects (up 4.42%), Godrej Properties (up 4.24%), DLF (up 3.83%), Lodha Developers (up 2.98%), Oberoi Realty (up 1.46%), Phoenix Mills (up 1.11%), Sobha (up 1.05%) and SignatureGlobal India (up 0.22%) surged. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.09% to 6.723 compared with previous session close of 6.717. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 92.4750 compared with its close of 92.4000 during the previous trading session. MCX Gold futures for 2 April 2026 settlement shed 0.37% to Rs 155,402. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.12% to 99.68. The United States 10-year bond yield declined 0.55% to 4.178. In the commodities market, Brent crude for May 2026 settlement tumbled 0.59 cents or 0.57% to $102.83 a barrel. Stock in Spotlight: Bondada Engineering rallied 3.06% after it has secured an order from Bharat Electronics (BEL) for the supply of critical components for defence applications. The contract, valued at Rs 35,70,000, will be executed within three months from the receipt of the work order.Powered by Capital Market - Live

The contract, valued at Rs 35,70,000, will be executed within three months from the receipt of the work order. The order has been awarded by domestic entity BEL, and the project does not involve any related party transactions, nor does the promoter or promoter group of Bondada Engineering hold any interest in the awarding entity. The order reinforces BEL's continued focus on sourcing critical defence components from domestic suppliers. Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. The compnay's consolidated net profit zoomed 119.12% to Rs 54.19 crore in Q3 FY26 as against Rs 24.73 crore in Q3 FY25. Revenue from operations jumped 89.40% year on year (YoY) to Rs 712.27 crore in Q3 FY26. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company's standalone net profit jumped 20.81% to Rs 1,590.06 crore on a 23.72% rise in revenue from operations to Rs 7,121.98 crore in Q3 FY26 over Q3 FY25. The scrip rose 0.51% to Rs 441.90 on the BSE. Powered by Capital Market - Live

Bondada Engineering, through its subsidiary Bondada Dynamics, has secured a purchase order from Bharat Electronics (BEL), Karnataka, for the supply of critical components for Defence applications.Powered by Capital Market - Live

The scope of work includes supply of 40M towers along with hardware, foundation bolts and foundation templates, the company said in a regulatory filing. The order has been awarded by a domestic entity and is scheduled to be executed by October 2026. Bondada Engineering added that the promoter or promoter group does not have any interest in the entity awarding the contract and the order does not fall under related-party transactions. Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. The compnay's consolidated net profit zoomed 119.12% to Rs 54.19 crore in Q3 FY26 as against Rs 24.73 crore in Q3 FY25. Revenue from operations jumped 89.40% year on year (YoY) to Rs 712.27 crore in Q3 FY26. Shares of Bondada Engineering fell 1.06% to Rs 280.15 on the BSE. Powered by Capital Market - Live

Bondada Engineering announced that its subsidiary, Bondada Green Engineering has received work order worth Rs 35.39 crore from Pratap Technocrats for supply of 40M towers including hardware, foundation bolts and foundation templates.Powered by Capital Market - Live

Bondada Engineering has successfully commissioned 69.51 MWp of solar power projects executed for Paradigm IT, MAHAGENCO, and NLC India, spanning multiple locations across Hingoli, Achalpur, Bhusawal, and Vajiapur in Maharashtra, as well as Neyveli in Tamil Nadu during January 2026.Powered by Capital Market - Live

The key equity benchmarks extended their gains in morning trade, buoyed by optimism surrounding the conclusion of the India'EU free trade agreement (FTA). Investors are closely tracking rupee movements, ongoing Q3 earnings announcements, and geopolitical developments, with attention also on upcoming Q3 results from Larsen & Toubro, Maruti Suzuki India, and BHEL. Meanwhile, the Nifty hovered above the 25,350 mark. Oil & gas shares jumped for two consecutive trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex jumped 339.37 points or 0.37% to 82,202.08. The Nifty 50 index rose 139.65 points or 0.55% to 25,315.05. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.60% and the S&P BSE Small-Cap index gained 0.67%. The market breadth was strong. On the BSE, 2,462 shares rose and 1,213 shares fell. A total of 215 shares were unchanged. Result Today: Larsen & Toubro(up 0.87%), Maruti Suzuki India(down 2.40%), Bharat Electronics(up 0.04%), TVS Motor Company(down 1.25%), SBI Life Insurance Company(up 0.30%), ACC(up 0.20%), Mahindra & Mahindra Financial Services(up 2.23%), Aditya Birla Real Estate(up 1.42%), Balkrishna Industries(up 0.49%), CarTrade Tech(up 3.03%), CSB Bank(up 4.59%), Gland Pharma(up 0.58%), ICRA(up 0.43%), Lodha Developers(up 1.37%), National Securities Depository, (up 1.44%) Pine Labs(up 2.88%), SBI Cards and Payment Services(up 2.43%), Star Health and Allied Insurance Company(up 1.37%) will announce their quarterly earnings today. New listing: Shares of Shadowfax Technologies were currently trading at Rs 118.15 at 10:24 IST on the BSE, representing a discount of 4.72% as compared with the issue price of Rs 124. The stock debuted at Rs 113 on the BSE, exhibiting a discount of 8.87% over the issue price. So far, the stock has hit a high of 119.55 and a low of 113. On the BSE, over 15.50 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Oil & Gas index advanced 2.57% to 11,669.25. The index jumped 3.21% in the two consecutive trading sessions. Oil India (up 7.88%), Oil & Natural Gas Corpn (up 6.51%), Aegis Logistics (up 4.18%), Petronet LNG (up 3.93%) and GAIL (India) (up 2.89%), Hindustan Petroleum Corporation (up 2.35%), Indian Oil Corporation (up 2.01%), Bharat Petroleum Corporation (up 1.61%), Gujarat State Petronet (up 1.36%) and Reliance Industries (up 1.25%) surged. Stocks in Spotlight: Bondada Engineering declined 3.62%. The company's consolidated net profit zoomed 119.12% to Rs 54.19 crore in Q3 FY26 as against Rs 24.73 crore in Q3 FY25. Revenue from operations jumped 89.40% year on year (YoY) to Rs 712.27 crore in Q3 FY26. Nesco shed 0.64%. The company reported a 4.82% YoY decline in net profit to Rs 104.64 crore in Q3 FY26, on a 20.03% increase in revenue from operations to Rs 247.92 crore compared with Q3 FY25.Powered by Capital Market - Live

Revenue from operations jumped 89.40% year on year (YoY) to Rs 712.27 crore in Q3 FY26. Profit before tax stood at Rs 73.27 crore in the December 2025 quarter, registering a growth of 123.52% on a YoY basis. Total expenses increased 85.72% YoY to Rs 643.62 crore during the quarter. The cost of materials consumed stood at Rs 643.62 crore (up 108.18% YoY), employee benefit expenses were Rs 14.74 crore (up 25.87% YoY) and finance costs jumped 94.27% YoY to Rs 94.27 crore during the period under review. On the segmental front, revenue from the EPC business stood at Rs 627.91 crore in Q3 FY26, registering a year-on-year growth of 109.26%. Revenue from the services business came in at Rs 39.76 crore, up 5.10%, while revenue from the products business rose 16.87% to Rs 44.60 crore. Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. Shares of Bondada Engineering tanked 2.93% to Rs 314.90 on the BSE. Powered by Capital Market - Live

Bondada Engineering will hold a meeting of the Board of Directors of the Company on 27 January 2026.Powered by Capital Market - Live

Bondada Engineering has successfully commissioned solar projects of 120.46 MWp during December 2025 for Paradigm IT, MAHAGENCO and NLC India across multiple project clusters located in Dhule, Amaravati, Hingoli, Pathardi, Shevgaon, Kannad and Dharni in Maharashtra and Neyveli in Tamil Nadu. Notably, the Company has doubled its monthly commissioning volumes on a month-on-month basis over the last two consecutive months, reflecting strong execution momentum, enhanced project management capabilities, and improving operational efficiencies within the Solar EPC segment. Powered by Capital Market - Live