Kalpataru Projects International Ltd secures orders of Rs. 2174 crores

Kalpataru Projects International Limited (KPIL), along with its international subsidiaries have secured new orders/notification of awards of ₹ 2,174 Crores. The details of the aforesaid new orders are as follows:

- Order for design & construction of elevated metro rail project in India
- Orders in the Transmission & Distribution (T&D) business in India and overseas market
- Residential Building project in India

Manish Mohnot, MD & CEO, KPIL, said, "We are happy with the continuous momentum in order inflows, especially in our T&D and B&F business. The orders in the T&D business have further strengthen our order book in India and international markets, reflecting robust demand for T&D projects globally. In the B&F business, we continue to reinforce our market position with addition of new order from existing client. Additionally, our urban infrastructure business has seen good growth in recent past, driven by a series of successful order wins in metro rail segment. With these orders, our YTD order inflow stands over ₹ 16,300 Crores, more importantly; nearly 85% of order intake till date is from our T&D and B&F business."

Shares of Kalpataru Projects International Limited was last trading in BSE at Rs. 1252.35 as compared to the previous close of Rs. 1166.00. The total number of shares traded during the day was 46115 in over 3743 trades.

The stock hit an intraday high of Rs. 1268.25 and intraday low of 1175.25. The net turnover during the day was Rs. 56986354.00.

Source : Equity Bulls

Keywords

KalpataruProjectsInternational INE220B01022 OrderWin