Kalpataru Projects International Ltd announced on Tuesday, June 25, that the company, along with its joint ventures and international subsidiaries, has secured new orders totaling Rs 2,333 crore. Following this announcement, Kalpataru Projects’ stock saw a nearly 3 percent increase at the opening of trading on June 25, reaching Rs 1,208.55 on the NSE. The stock had closed with a 1.2 percent gain in the previous session.
The new orders acquired by Kalpataru include projects in Transmission & Distribution (T&D) sectors both in India and overseas, an EPC order for an industrial plant in the metal industry, and a residential building order within India.