Kalpataru Projects soars 11% on winning new orders worth of Rs 3,244 crore

Shares of Kalpataru Projects International (KPIL) soared 11 per cent to a new peak of Rs 729.55 on the BSE in Friday’s intra-day trade.

This came on as the company with its Joint Ventures (JVs) and international subsidiaries secured new orders of Rs 3,244 crore.

The management said with these orders, year-to-date financial year 2023-24 (FY24) order inflows now stand at nearly Rs 17,685 crore, providing a robust foundation for a sustained future growth.

In the past one week, the stock of the civil construction company has surged 16 per cent.

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