Shares of Kalpataru Projects International Ltd rallied 5% on Thursday, 15 May, after the company announced securing orders worth about Rs 2,372 crore.
The company stated that it has received orders in the power transmission and distribution sector in India and the international market, as well as orders in its manufacturing business in India.
Manish Mohnot, MD & CEO of Kalpataru Projects, stated that the company has started the fiscal year 2026 on a promising note.
Manish added, “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.”
In March, the business and its international subsidiaries secured orders worth approximately Rs 2,366 crore.
These orders included transmission and distribution in India and abroad, as well as a building and factory order in India.
At 1:10 pm, the shares of Kalpataru projects were trading 3.43% higher at Rs 1,054.40 on NSE.Β
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