- Kalpataru Projects International stock has surged more than 126 percent over the last one year.
NE BUSINESS BUREAU
MUMBAI, JUNE 25
Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 2,333 crore. These orders, disclosed in a statement by the company on Tuesday, encompass diverse sectors including Transmission & Distribution (T&D) business in both domestic and international markets.
Additionally, KPIL has secured an Engineering Procurement Construction (EPC) contract for an industrial plant in the metal industry, alongside a significant residential building project within India.
In a statement, Manish Mohnot, MD & CEO, KPIL, said, “The orders in T&D business have enhanced our order book, thereby improving the growth visibility for the T&D business going forward.”
“These orders reaffirm our confidence that the T&D and B&F business will continue to contribute significantly to our growth going forward,” he added.
Kalpataru Projects stock jumped nearly 3 percent at open on Tuesday, and was trading at Rs 1,208.55 on NSE. The stock had ended with 1.2 percent gains in the previous session.
Kalpataru Projects International stock has surged more than 126 percent over the last one year.
