Kalpataru Projects International Ltd secures new orders of Rs. 2003 crores

Kalpataru Projects International Limited (KPIL), one of the leading EPC players in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries have secured new orders / notification of awards of approx. ₹ 2,003 Crores.

The details of the aforesaid new orders are as follows:

- Orders in the Buildings and Factories (B&F) business in India
- Orders in the Power Transmission & Distribution (T&D) in India and overseas market

Manish Mohnot, MD & CEO, KPIL, said, "We are pleased with the continuous order inflows in the T&D and B&F businesses. The orders in the B&F business have strengthen our portfolio in the residential and hospital projects and further improved our leadership in the B&F market in India . Additionally, the new orders in the T&D business reflects our expanding footprint in the India and overseas T&D market. With these order wins, our YTD order intake stands around ₹ 17,000 Crores, providing good visibility for growth in the coming quarters."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 1172.40 as compared to the previous close of Rs. 1153.15. The total number of shares traded during the day was 51079 in over 1549 trades.

The stock hit an intraday high of Rs. 1177.25 and intraday low of 1135.95. The net turnover during the day was Rs. 59113220.00.

Source : Equity Bulls

Keywords

KalpataruProjectsInternational INE220B01022 HeavyElectricalEquipment OrderWin