Kalpataru secures ₹2,333-cr order; stock rises

Madhu Balaji Updated - June 25, 2024 at 11:44 AM.

New orders for Kalpataru Projects International Ltd’s transmission and distribution business in India and overseas

Kalpataru Projects International Limited (KPIL), along with its joint ventures (JVs) and international subsidiaries, secured a new work order worth ₹2,333 crore.

The order pertains to the transmission and distribution (T&D) business in India and overseas markets.

Manish Mohnot, MD and CEO, KPIL, said, “We are happy with the new order wins in our T&D business, including our largest order in Sweden secured through subsidiary LMG.”

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Kalpataru stock rose 1.41 per cent on the NSE, trading at ₹1,189.90 as of 10.17 am.

Published on June 25, 2024 06:14
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