Kalpataru Projects International Ltd receives new orders of Rs. 2957 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. ₹ 2,957 Crores.

The details of the aforesaid new orders are as follows:

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

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

- Order in the Water business in Middle East (secured in joint venture /consortium)

Manish Mohnot, MD & CEO, KPIL, said, "We are pleased to announce new order wins across our T&D, B&F, and Water business verticals. The new orders secured in our T&D business reinforce our market leadership in India and the select global markets. Simultaneously, the successive wins in our B&F business from marquee clients underscore our commitment to best-in-class capabilities and timely execution. Notably, the order win in our Water business marks a significant milestone, signaling our strategic entry into the Middle East, a region with immense growth potential. Driven by a strongly diversified order book and robust visibility across businesses, we remain confident in achieving our growth targets for FY26-27."

Shares of Kalpataru Projects International Limited was last trading in BSE at Rs. 1347.90 as compared to the previous close of Rs. 1382.00. The total number of shares traded during the day was 6537 in over 432 trades.

The stock hit an intraday high of Rs. 1403.45 and intraday low of 1339.95. The net turnover during the day was Rs. 8885476.00.

Source : Equity Bulls

Keywords

KalpataruProjectsInternational INE220B01022 KPIL OrdersWin