Kalpataru Projects International Ltd secures new orders of approx. Rs. 3789 crores

Kalpataru Projects International Limited (KPIL), one of the leading EPC players in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries have secured new orders / notification of awards of approx. ₹ 3,789 Crores.

The details of the aforesaid new orders are as follows:

- Orders in the Buildings and Factories (B&F) business in India, which includes the Company's largest B&F order secured till date for development of over 12 million square feet of residential buildings along with associated facilities on design built basis

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

Manish Mohnot, MD & CEO, KPIL, said, "We feel privileged to announce the receipt of the above mentioned orders especially the largest ever B&F order received by us on design and build basis, which is testament of our strong EPC capabilities in the B&F business. This prestigious achievement also has been on several counts - intensive efforts that we have been putting in past several years on improving our ability to win large size projects, and improving competiveness in the focused markets on back of capex and execution capabilities. We look forward to many such opportunities in future."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 1150.30 as compared to the previous close of Rs. 1149.70. The total number of shares traded during the day was 6429 in over 614 trades.

The stock hit an intraday high of Rs. 1172.95 and intraday low of 1134.70. The net turnover during the day was Rs. 7441454.00.

Source : Equity Bulls

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