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What is the story about?
Shares of Bondada Engineering Ltd. increased 3% on Thursday, February 12, after the company said it has inked a memorandum of understanding (MoU) with Dubai-based Bryan Ston Renewables FZCO for sustainable green-powered data centres.
The deal will focus on the development of green-powered data centres in India and select international markets.
This, according to Bondada Engineering, marks the Hyderabad-based company's entry into the digital infrastructure segment.
Earlier this week, the company's shares had surged after it announced that it had commissioned 69.51 MWp of solar power projects across
Maharashtra and Tamil Nadu.
In December, the company had bagged another renewable contract worth ₹945 crore for a solar power project in Rajasthan.
The shares of the company have risen by over 3% or over ₹10 per share, in today's session so far. In the past 1 month of trade, the company shares have seen a rise of 0.83% and are still off their 52-week high mark of ₹510.00. The current stock price stands at ₹346.80 per share.
Also Read: TCS market cap slips below ₹10 lakh crore for the first time after December 2020
The deal will focus on the development of green-powered data centres in India and select international markets.
This, according to Bondada Engineering, marks the Hyderabad-based company's entry into the digital infrastructure segment.
Earlier this week, the company's shares had surged after it announced that it had commissioned 69.51 MWp of solar power projects across
In December, the company had bagged another renewable contract worth ₹945 crore for a solar power project in Rajasthan.
The shares of the company have risen by over 3% or over ₹10 per share, in today's session so far. In the past 1 month of trade, the company shares have seen a rise of 0.83% and are still off their 52-week high mark of ₹510.00. The current stock price stands at ₹346.80 per share.
Also Read: TCS market cap slips below ₹10 lakh crore for the first time after December 2020
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