Kalpataru Projects International Ltd awarded new orders of Rs. 2022 crores

Kalpataru Projects International Limited (KPIL), one of the leading engineering and construction players in the power and infrastructure sector, along with its international subsidiaries have secured new orders / notification of awards of approx. ₹ 2,002 Crores.

The details of the aforesaid new orders are as follows:

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

Manish Mohnot, MD & CEO, KPIL,said, "We are delighted to secure new orders across our diverse business verticals. In the T&D business, these wins strengthen our position across high-growth markets in the Middle East and the Nordics. Our B&F business continues its momentum by securing repeat orders from valued clients, while the Railways business has reinforced its footprint in the metro rail segment. Looking ahead, we remain confident in the growth prospects of our businesses."

Shares of Kalpataru Projects International Limited was last trading in BSE at Rs. 1299.00 as compared to the previous close of Rs. 1277.05. The total number of shares traded during the day was 17400 in over 1183 trades.

The stock hit an intraday high of Rs. 1322.00 and intraday low of 1274.65. The net turnover during the day was Rs. 22683880.00.

Source : Equity Bulls

Keywords

KalpataruProjectsInternational INE220B01022 OrdersWin