Kalpataru Projects Share Price At Nearly One-Month High After Rs 2,372-Crore Order Wins
In early trade on Thursday, the share price for Kalpataru Projects International advanced to reach nearly one-month high after the company won new orders worth Rs 2,372 crore, as per an exchange filing.
KPIL's stock moved up nearly 5% to as high as Rs 1,069.90 apiece. The new orders are for both KPIL and its international subsidiaries in the power transmission and distribution business in India and overseas market and also in the domestic buildings and factories business, according to the filing.
"We have started FY2026 maintaining positive momentum, with noteworthy order wins in our T&D and B&F business. The order wins in the T&D business helps us to improve our market position in the fast growing EPC markets of India, Nordics and Middle East," said Manish Mohnot, managing director and chief executive officer of KPIL.
The orders in the B&F business are repetitive orders from large reputed developers, awarded to KPIL on the back of its strong track record for timely delivery and quality, he said.
"We remain highly optimistic on growth prospects of the power transmission and civil business on back of robust business visibility and established execution capabilities.”
KPIL Share Price
Shares of the company rose as much as 5% to Rs 1,069.90 apiece, the highest level since April 21, 2025. They pared gains to trade 2.36% higher at Rs 1,043,40 apiece, as of 10:00 a.m. This compares to a 0.38% decline in the NSE Nifty 50.
The stock has fallen 19.50% on a year-to-date basis, down 11.31% in the last 12 months. Total traded volume so far in the day stood at 6.4 times its 30-day average. The relative strength index was at 47.53.
Out of 17 analysts tracking the company, 15 maintain a 'buy' rating and two recommend a 'hold', rating according to Bloomberg data. The average 12-month consensus price target implies an upside of 17.9%.
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