29-12-2023 10:01 AM | Source: Accord Fintech
Kalpataru Projects International soars on securing orders of Rs 3,244 crore

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Kalpataru Projects International is currently trading at Rs. 713.30, up by 54.60 points or 8.29% from its previous closing of Rs. 658.70 on the BSE.

The scrip opened at Rs. 698.75 and has touched a high and low of Rs. 722.15 and Rs. 676.45 respectively. So far 76219 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 723.50 on 04-Dec-2023 and a 52 week low of Rs. 480.20 on 09-Feb-2023.

Last one week high and low of the scrip stood at Rs. 722.15 and Rs. 631.20 respectively. The current market cap of the company is Rs. 10700.33 crore.

The promoters holding in the company stood at 41.07%, while Institutions and Non-Institutions held 51.19% and 7.73% respectively.

Kalpataru Projects International (KPIL) along with its Joint Ventures (JVs) and international subsidiaries have secured new orders/notification of awards of Rs 3,244 crore.

The company bagged orders in the Buildings & Factories (B&F) business including KPIL's largest ever design & build contract for construction of a large-size residential buildings project in South India with a buildup area of approximately 13 million square feet from a reputed developer. It received order for design & construction of an underground metro rail project, signifying KPIL's foray into electric mobility business with TBM tunnelling scope. It also bagged orders in the Transmission & Distribution (T&D) business from overseas markets. 

Kalpataru Projects International is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.