Microsoft Makes It Official—Bondada Back on Board with ₹27.1M Deal

Image Source: ET CIO

Bondada Engineering Ltd (BSE: BOND.BO) has secured a fresh order from Microsoft India for approximately ₹27.1 million, expanding its presence in high-tech infrastructure space further. The order is the second known assignment between the two companies within recent months, indicating growing confidence in the engineering and EPC services of Bondada.

1. What the Order Entails

While specifics of the project are not revealed, the order will most probably consist of EPC services, perhaps related to data center infrastructure, telecom back-up, or green energy integration.
Bondada has been steadily expanding its digital infrastructure portfolio as a way of coping with India's growing demand for cloud and connectivity solutions.

2. Strategic Significance

This transaction follows Bondada's earlier engagement with Microsoft India and reinforces it as a vendor of choice for global tech giants.
The ₹27.1 million transaction, though minimal in terms of money, is strategically important as it deepens Bondada's footprint in the enterprise tech universe.
It further indicates Microsoft's continuous investment in developing India's digital infrastructure.

3. Market Snapshot

Bondada stocks have shown relentless momentum over the past year on the strength of strong orders and continued execution.
The company has previously secured sizeable orders from state renewable energy departments, KPI Green Energy, and BSNL across telecom towers, solar EPC, and fiber optic networks.

Sources: Reuters, Investing.com, Business Standard