Kalpataru Projects International Ltd secures new orders of Rs. 2217 crores

Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured new orders/notification of awards of ₹ 2,217 Crores.

The details of the aforesaid new orders are as follows:

- Orders in the T&D business of ₹ 1,993 Crores in India and overseas markets
- Orders in B&F business in India of ₹ 224 Crores

Manish Mohnot, MD & CEO, KPIL, said, "We are delighted with the significant order wins, resulting in our total order inflows reaching Rs.10,616 Crores in the current financial year. Our flagship T&D business have secured noteworthy order inflows of around Rs.5,400 Crores till date in FY24, which provides good visibility for growth going forward. We also have an additional L1 position of about Rs.4,000 Crores largely spread across T&D, B&F and Water business. Our strong order book position and diversified business mix reaffirms our confidence to achieve our targeted vision for 2025."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 658.50 as compared to the previous close of Rs. 659.70. The total number of shares traded during the day was 3325 in over 451 trades.

The stock hit an intraday high of Rs. 661.55 and intraday low of 650.80. The net turnover during the day was Rs. 2180792.00.

Source : Equity Bulls

Keywords

KalpataruProjectsInternational INE220B01022 OrderWin