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Kalpataru Projects International shares: Kalpataru Projects International Ltd share price soared up to 3.46 percent to hit an intraday high of Rs 1,415 per share on Tuesday, October 1, 2024.
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“Kalpataru Projects International Limited (KPIL), one of the largest listed engineering and construction companies in India, has secured fresh orders/award notifications of Rs 1,241 crore,” the company said in a filing exchange.
The company has booked orders in the transportation and distribution (T&D) sector in India as well as in overseas markets and residential and commercial construction projects in India.
“We are pleased with the strong order momentum. These new orders have further strengthened our order book with year-to-date order intake reaching over Rs 11,000 crore. More importantly, nearly 80-85% of new order intake, including L1, comes from our Transmission & Distribution (T&D) and Buildings & Factories (B&F) businesses, giving us the confidence to drive sustainable growth and profitable thanks to our strong capabilities, strong track record and market leadership position in these businesses. said Manish Mohnot, Managing Director and CEO, Kalpataru Projects International.
Established in 1981, Kalpataru Projects International Limited (KPIL) is among India’s largest publicly listed engineering and construction companies renowned for its expertise across a wide range of sectors. These include electricity transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban infrastructure such as skybridges and subway systems, highways and airports.
With a strong presence in over 30 countries and 70 countries across the world, KPIL is actively involved in executing projects internationally.
The market capitalization of Kalpataru Projects International is Rs 22,806 crore, according to the Bombay Stock Exchange (BSE). The company belongs to the BSE500 category.
The stock’s 52-week high is Rs 1,449.15 apiece while its 52-week low is Rs 601.25 per share.
At 9:32 am, Kalpataru Projects International stock was trading 2.66 per cent higher at Rs 1,403.90 per share. In comparison, BSE Sensex was trading 0.15 percent higher at 84,422.37 levels.
First publication: October 1, 2024 | 9:36 a.m. STI