Kalpataru Projects Shares Surge 6% After Securing ₹2,360 Crore Orders

Market Performance

On March 7, 2025, Kalpataru Projects International Limited witnessed a 6% rise in its share price following the announcement of new order inflows. The stock opened at ₹956.85 on the BSE, reflecting an increase of over 4% compared to the previous day's close of ₹915.65. During the trading session, the share price climbed to an intraday high of ₹978.05, marking a gain of more than 6%.

Prior to this increase, the share price had declined from its 52-week high in September 2024, falling to ₹821.90 on March 4, 2025, amidst broader market corrections. The recent order announcement contributed to a recovery in the stock's performance.

Main News

On March 6, 2025, Kalpataru Projects International Limited and its international subsidiaries secured new orders and notifications of awards totalling approximately ₹2,360 crore.

These orders include:

• Projects in the Transmission & Distribution (T&D) sector within international markets.
• Assignments related to Building projects in India.

Company Details

As per the company's disclosure, the T&D business has expanded its presence in key overseas regions through these new contracts. The segment continues to experience active tendering, attributed to factors such as:

• Increased global power demand.
• Growth in renewable energy projects.
• Enhancements to grid infrastructure.

Additionally, the Buildings & Factories (B&F) segment strengthened the company's market presence through new project acquisitions.

Regarding the company's overall performance in the current financial year (FY25), the total order intake has reached around ₹22,500 crore, supporting revenue visibility for the upcoming quarters.

Summary

On March 7, 2025, Kalpataru Projects International Limited reported significant new orders amounting to approximately ₹2,360 crore across domestic and international markets. These projects involve critical infrastructure development in the Transmission and distribution and Building sectors. The announcement supported a 6% rise in the company's share price and contributed to the company's cumulative order intake of around ₹22,500 crore in FY25. This development follows a recent correction period in the company's stock price and adds momentum to its operational activities.