Kalpataru Projects International Ltd secures multiple orders worth Rs 2,306 crore
The details of the aforesaid new orders are orders in the Transmission & Distribution (T&D) business in the overseas market and building projects in India.
Kalpataru Projects International Ltd secures multiple orders worth Rs 2,306 crore
Power Transmission stock, Kalpataru Projects International Limited (KPIL), along with its international subsidiaries, has secured new orders/notifications of awards of Rs 2,306 crores.
The details of the aforesaid new orders are orders in the Transmission & Distribution (T&D) business in the overseas market and building projects in India.
The 52-week high of Kalpataru Projects is Rs 1,449.15 per share, while its 52-week low is Rs 821.90 per share. Kalpataru Projects' share price was trading 4.46 percent higher at Rs 956.45. In comparison, BSE Sensex was trading 0.12 percent higher at 74,432.34 levels.
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Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the significant order wins in our T&D and B&F business. The order inflows in the T&D business has strengthened our T&D order book and improved our presence in key overseas markets. The T&D business continues to remain robust with strong tendering activity globally on back of rising power demand, rapid expansion of renewable energy and focus on improvement of grid infrastructure. Additionally, the order in the B&F business has helped us to further strengthen our market position. With these new orders, our order intake till date in FY25 has reached around Rs 22,500 Crores, providing us with a good visibility of growth in the coming quarters.”
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