Kalpataru Projects International Ltd wins orders of Rs. 2445 crores

Kalpataru Projects International Limited (KPIL), one of the largest Engineering & Construction companies listed in India, along with its Joint Ventures (JVs) and international subsidiaries have secured new orders/notification of awards of ₹ 2,445 Crores.

The details of the aforesaid new orders are as follows:

- Orders in the Transmission & Distribution (T&D) business of ₹ 2,366 Crores in India and overseas markets

- Orders in the Buildings & Factories (B&F) business of ₹ 79 Crores

Manish Mohnot, MD & CEO, KPIL, said, "We are delighted with the new order wins particularly in our domestic T&D business. We continue to remain optimistic on the T&D opportunities in India given the huge thrust to boost the national transmission system, facilitating integration of renewable power. These orders will significantly strengthen our domestic T&D order book and provides good visibility for future growth."

Shares of Kalpataru Projects International Limited was last trading in BSE at Rs. 989.30 as compared to the previous close of Rs. 1062.45. The total number of shares traded during the day was 13847 in over 1154 trades.

The stock hit an intraday high of Rs. 1093.55 and intraday low of 970.35. The net turnover during the day was Rs. 14171432.00.

Source : Equity Bulls

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KalpataruProjectsInternational INE220B01022 OrderWin