Bondada Engineering's shares experienced a 3% increase on December 5th after securing a significant Rs 1,089 crore order from the Bihar Renewable Energy Development Agency. This order involves the design, supply, installation, testing, and commissioning of remote monitoring systems for smart solar street light systems as part of the Mukhyamantri Gramin Solar Street Light Yojana in Bihar.

Bondada Engineering will carry out the project on an Engineering, Procurement, and Construction (EPC) basis. The project includes a maintenance contract lasting five years and is expected to be completed within 18 months.

Bondada Engineering's stock has shown impressive performance, with gains of over 650% year-to-date and a remarkable 1,730% increase since its listing in September of the previous year. As of 11:36 AM, Bondada Engineering shares were trading at Rs 601.50 on the National Stock Exchange (NSE), establishing its position as a successful investment in the market.