Kalpataru Projects International Ltd receives orders worth Rs. 621 crores

Kalpataru Projects International Limited (KPIL), one of the leading engineering and construction players in the power and infrastructure sector, has secured new orders / notification of award of approximately ₹ 621 Crores.

The details of the aforesaid new orders are as follows:

- Orders in the Buildings and Factories (B&F) business in India
- Order in the Railway business in India

Manish Mohnot, MD & CEO, KPIL, said, "We are delighted with the order wins in our B&F and railways business. These orders wins will help us to further strengthen our order book and improve our market position in the B&F and railways business.

More importantly, with full year FY25 order inflows in excess of ₹ 25,000 Crores, we continue to focus on building a diversified project mix that is in-line with our strategy to improve competitiveness and deliver profitable growth. We continue to remain well placed on back of our execution expertise, record order book position and strong financial profile to leverage on emerging opportunities in the power T&D and civil infrastructure segments."

Shares of Kalpataru Projects International Limited was last trading in BSE at Rs. 974.50 as compared to the previous close of Rs. 985.50. The total number of shares traded during the day was 16228 in over 1088 trades.

The stock hit an intraday high of Rs. 1008.00 and intraday low of 968.45. The net turnover during the day was Rs. 15909754.00.

Source : Equity Bulls

Keywords

KalpataruProjectsInternational INE220B01022 KPIL OrderWin