KPIL Gets New Orders worth Rs 2,995 Crores

Kalpataru Projects International Limited (KPIL), a prominent player in the Engineering & Construction sector in India, has announced securing new orders amounting to ₹ 2,995 Crores. This includes contracts in Transmission & Distribution (T&D) sectors across international markets, an EPC order in the Water business through joint ventures, and significant orders in the Buildings & Factories (B&F) segment within India.

Manish Mohnot, the Managing Director & CEO of KPIL, expressed satisfaction with these developments, highlighting that the influx of orders in the T&D sector underscores their optimism in its growth potential. He emphasized that these orders, coupled with existing projects, strengthen KPIL's order book, providing robust visibility for future growth.

With a cumulative order intake of ₹ 6,178 Crores in the ongoing financial year, KPIL remains confident in achieving targeted growth, buoyed by a diversified and robust order pipeline across multiple business verticals.

The strategic expansion into international T&D markets and consolidation in domestic sectors like Water and B&F are poised to bolster KPIL's market presence and revenue streams moving forward.

Read the full Announcement Here 

Market Reaction

The data provided for the first hour of market opening of KPIL shares about the new announcement on intraday trading on NSE:

From 9:00 AM to 10:00 AM on the NSE, KPIL opened at 1400 and showed initial volatility, fluctuating between 1388.45 and 1408.7. After early fluctuations from 1390 to 1408.7, it settled around 1398 to 1402.5.

There was a brief dip to 1390 at 09:04:02. Towards 10:00 AM, it stabilized around 1397.95 to 1407.95. The market continued to fluctuate between 1370 and 1385.5 in subsequent minutes, showing varying levels of volatility and intermittent stability.

So this announcement on an intraday trading basis has not made a significant dent in the price fluctuations of the company from the data it shows. 

Watch the Live share price on NSE Here

KPIL

Kalpataru Projects International Limited (KPIL) is a prominent EPC (Engineering, Procurement, and Construction) company known for its expertise in diverse sectors including Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports.

With a robust presence in over 30 countries and operations spanning more than 70 nations globally, KPIL maintains leadership across its major business segments. The company's success is underpinned by strong organizational capabilities, advanced technical proficiency, and a commitment to top-tier sustainability standards, cementing its position as a leader in the industry.