01 Jul , 2025 By : Debdeep Gupta
Kalpataru Projects International share price gained 4 percent in the opening trade on July 1 following orders win worth Rs 989 crore in overseas market.
At 09:17am, Kalpataru Projects International was quoting at Rs 1,279.00, up Rs 50.00, or 4.07 percent, on the BSE.
The company along with its international subsidiaries have secured new orders / notification of awards in the Power Transmission & Distribution (T&D) segment worth approximately Rs 989 crore in overseas market.
"We are pleased with the new order wins in our T&D business. We are particularly enthused by the traction in our T&D business over the past few years on back of increased demand for grid infrastructure globally," said Manish Mohnot, MD & CEO, of the company.
"We are equipped to leverage the T&D opportunity given our execution prowess and global expertise across the T&D EPC value chain ranging from design, engineering, testing, tower manufacturing, installation and commissioning. With these new orders, our order intake till date in FY26 has reached ~ Rs 7,150 crore, giving us good visibility for growth going forward," he added.
The share touched a 52-week high of Rs 1,449.15 and a 52-week low of Rs 770.05 on 06 September, 2024 and 07 April, 2025, respectively.
Currently, the stock is trading 11.74 percent below its 52-week high and 66.09 percent above its 52-week low.
The market capitalisation of the company stands at Rs 21,841.81 crore.
Kalpataru Limited, the part of the Kalpataru Group, is making stock market debut today with grey market estimates hint at a muted listing.
The real estate developer's Rs 1,590-crore IPO saw decent investor interest during its three days of public bidding, being subscribed 2.26 times between June 24-26.
The Mumbai-based real estate player had launched its maiden issue to raise up to Rs 1,590 crore through an IPO which entirely comprises a fresh issue of shares at a price band of Rs 387-414 apiece.
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