Kalpataru Projects shares gain nearly 4% after bagging two orders worth ₹2,372 crore
Published on 15/05/2025 09:25 AM
Kalpataru Projects shares gain nearly 4% after bagging two orders worth ₹2,372 croreIn March, Kalpataru Projects and its subsidiaries globally, had won orders worth around ₹2,366 crore.By Shloka Badkar May 15, 2025, 9:25:23 AM IST (Updated)1 Min ReadKalpataru Projects International Ltd. on Thursday, May 15, said the company and its subsidiaries have won orders worth around ₹2,372 crore.
The company said it has won orders in the power transmission and distribution business in India and the overseas market and also orders in its business and factories business in India.
Manish Mohnot, MD and CEO, Kalpataru Projects said, the company has started the financial year 2026 by maintaining a positive momentum.
"The order wins in the transmission and distribution business helps us improve our market position in the fast-growing engineering, procurement and construction (EPC) markets of India, Nordics and Middle East. The orders in the buildings and factories business are repetitive ones from large reputed developers," he said.
In March, the company said it had, along with its international subsidiaries, won orders worth around ₹2,366 crore.
These orders too were in the transmission and distribution business in India and overseas and an order in the buildings and factories business in India.
Kalpataru Projects shares opened nearly 4% higher at ₹1,059 apiece on Thursday, May 15. The stock has declined 19% this year, so far.
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