Kalpataru Projects International Ltd secures new orders of Rs. 719 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 joint venture have secured new orders / notification of awards of approx. ₹ 719 Crores.

The details of the aforesaid new orders are as follows:

- Order for elevated metro rail project in Thane, Maharashtra

Manish Mohnot, MD & CEO, KPIL, said, "We are delighted with the new order win in our Urban Infrastructure business. The elevated metro rail order in Thane has strengthen our presence in the growing urban transportation EPC business, reinforcing our confidence in the growth potential of our Urban Infra business in India. Our strong order intake, diversified order book and robust execution places us favourably to deliver on our growth targets in the coming quarters."

Shares of Kalpataru Projects International Limited was last trading in BSE at Rs. 1201.05 as compared to the previous close of Rs. 1201.45. The total number of shares traded during the day was 5096 in over 529 trades.

The stock hit an intraday high of Rs. 1225.00 and intraday low of 1186.25. The net turnover during the day was Rs. 6132053.00.

Source : Equity Bulls

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