Kalpataru Projects International share price zooms 6% on ₹2360 Crore order inflow

Stock Market today: Kalpataru Projects International share price skyrocketed 6% as it announced ₹2360 Crore order inflow

Kalpataru Projects International Ltd on Thursday 06, March, 2025 announced that the company along with its international subsidiaries have secured new orders/notification of awards of ₹ 2,306 Crores.

Following the announcement Kalpataru Projects International share rice opened at ₹956.85 on the BSE on Friday, which was more than 4% higher compared to previous days close of ₹915.65. The Kalpataru Projects International share price thereafter gained furthermore to intraday highs of ₹978.05 , which meant gains of more than 6% during the intraday trades

The Kalpataru Projects International share price that had corrected significantly from 52 week highs in September 2024 to ₹821.90 on 4 March , following steep correction in the stock market, however got a major boost with the order flow news

Kalpataru Projects Order details

Kalpataru Projects International Limited said that the order it has procured along with its international subsidiaries worth ₹2,306 Crores are towards

Orders in the Transmission & Distribution (T&D) business in overseas market and for Building projects in India

Manish Mohnot, MD & CEO, Kalpataru Projects International, said, the order inflows in the T&D business has strengthened our T&D order book and improved our presence in key overseas markets. The T&D business continues to remain robust with strong tendering activity globally on back of rising power demand, rapid expansion of renewable energy and focus on improvement of grid infrastructure.

Additionally , referring to Buildings & Factories(B&F) segment Mohnot said that the order in the B&F business has helped us to further strengthen our market position.

With these new orders, Kalpataru Projects International order intake till date in FY25 has reached around ₹22,500 Crores, providing it with a good revenue visibility in the coming quarters.

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