Kalpataru Projects International Ltd (KPIL) shares jumped nearly 3% after announcing new orders worth ₹2,174 crore. These orders span various sectors, including:
- Elevated Metro Rail Project: Design and construction in India.
- Transmission & Distribution (T&D): Projects in India and international markets.
- Residential Building Project: Development in India.
Manish Mohnot, MD & CEO of KPIL, expressed optimism about the company’s growth trajectory, noting strong momentum in the T&D and Building & Factories (B&F) segments. The company’s year-to-date (YTD) order intake now stands at ₹16,300 crore, with 85% coming from these key areas.
Kalpataru Projects opened at ₹1,247.75 today, reaching a high of ₹1,284.90 and a low of ₹1,230.00 during the session. The stock trades near its 52-week high of ₹1,449.00, significantly up from its 52-week low of ₹626.95.
As of 3:06 pm, Kalpataru Projects shares were trading 2.03% higher at Rs 1,274.45 on the NSE.
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