Rs 60,631 Crore Order Book: Engineering & Construction Company Bags New Orders of Rs 2273,00,00,000
The stock is up by 93.6 per cent from its 52-week low of Rs 626.80 per share.
Kalpataru Projects International Limited (KPIL) has secured new orders and awards totalling Rs 2,273 Crore. These orders are primarily for Transmission & Distribution (T&D) projects both domestically and internationally, along with residential building projects within India. This significant achievement underscores KPIL's strong position in the T&D sector and its growing presence in the international market. Additionally, it reinforces the company's commitment to delivering quality residential solutions in India.
About Kalpataru Projects International Limited (KPIL)
KPIL is one of the largest specialized EPC companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. KPIL is currently executing projects in over 30 countries and has a global footprint in 74 countries. KPIL has maintained a leadership position in all its major businesses backed by strong organisational capabilities, superior technical know-how, and adherence to best-in-class sustainability standards. The company has a market cap of over Rs 19,000 crore.
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Order Book: The company’s order book stands at Rs 60,631 crore as of September 30, 2024, an increase of 29 per cent YoY with 55 per cent with domestic orders and 45 per cent international orders.
In September 2024, FIIs & DIIs increased their stake to 10.71 per cent and 45.93 per cent respectively compared to 10.06 per cent and 45.61 per cent, respectively, in September 2024. The stock is up by 93.6 per cent from its 52-week low of Rs 626.80 per share. Investors should keep an eye on this mid-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.