Kalpataru Projects International Ltd awarded orders of Rs. 1241 crores

Kalpataru Projects International Limited (KPIL), one of the largest Engineering & Construction companies listed in India, have secured new orders/notification of awards of ₹ 1,241 Crores.

The details of the aforesaid new orders are as follows:

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

- Residential and Commercial Building projects in India

Manish Mohnot, MD & CEO, KPIL, said, "We are happy with the robust ordering momentum. These new orders has further strengthen our order book with YTD order inflows reaching over ₹ 11,000 Crores. More importantly, nearly 80-85% of the new order inflows including L1 are from our Transmission & Distribution (T&D) and Buildings and Factories (B&F) business, which gives us good confidence to deliver sustainable growth and profitably on back of our robust capabilities, strong track record and leading market position in these businesses."

Shares of Kalpataru Projects International Limited was last trading in BSE at Rs. 1367.55 as compared to the previous close of Rs. 1405.90. The total number of shares traded during the day was 6708 in over 844 trades.

The stock hit an intraday high of Rs. 1410.00 and intraday low of 1355.70. The net turnover during the day was Rs. 9159077.00.

Source : Equity Bulls

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