Kalpataru Projects Secures Major Orders Worth Rs 2,471 Crore
Kalpataru Projects International Limited (KPIL) Secures New Orders Worth Rs 2,471 Crore
KPIL, a leading infrastructure company, has announced the securing of new orders worth Rs 2,471 crore. The latest orders include an underground metro rail project in the country, secured through a joint venture/consortium.
The company has also been awarded projects in the power transmission & distribution (T&D) sector in domestic and overseas markets, as well as in the buildings and factories (B&F) business in India. These orders have strengthened KPIL's order book, indicating buoyancy in the T&D, urban infra, and B&F business.
Key Highlights
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
- New orders worth Rs 2,471 crore secured by KPIL
- Orders include underground metro rail project and T&D, B&F projects in domestic and overseas markets
- Total orders secured by KPIL in the current financial year stand at around Rs 22,000 crore
Investor Takeaway
Investors should take note of the company's growing order book and increasing revenue.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Indian Stocks to Watch: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange, Lenskart Solutions in Market Focus on June 4.
