Newsletter
Kalpataru Projects stock rose nearly 3% after bagging fresh contracts worth ₹3,789 crore across buildings and power segments.
The deets: the company has announced new order wins including its biggest-ever contract in the Buildings & Factories (B&F) segment.
The headline deal involves developing over 12 million sq ft of residential buildings along with supporting infrastructure, a major boost for KPIL’s growing EPC portfolio.
The company also secured fresh international orders in Power Transmission & Distribution (T&D) via its overseas subsidiaries, further reinforcing its global presence in the infrastructure space.
Zoom out: KPIL’s stock has seen a bumpy ride this year, while it fell sharply in Jan-Feb, it staged a solid comeback in May as it was up 17% and June (+7%).
