Rs 61,429 Crore Order Book: Engineering & Construction Company Bags New Orders Worth Rs 2306,00,00,000
The stock is up by 19 per cent from its 52-week low of Rs 822 per share.
Kalpataru Projects International Limited (KPIL) announced the acquisition of new orders and notifications of awards totalling Rs 2,306 crore. These orders, secured by KPIL and its international subsidiaries, encompass projects in the Transmission & Distribution (T&D) sector within overseas markets, as well as building projects within India, signifying a diversified expansion of their project portfolio.
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 16,000 crore.
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Order Book: The company’s order book stands at Rs 61,429 crore as of December 31, 2024, an increase of 19 per cent YoY, with 58 per cent domestic orders and 42 per cent international orders.
In December 2024, FIIs increased their stake to 12.68 per cent compared to 10.71 per cent in September 2024 while DIIs decreased their stake to 45.60 per cent in December 2024 compared to September 2024. The stock is up by 19 per cent from its 52-week low of Rs 822 per share. Investors should keep an eye on this mid-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.