Kalpataru Projects secures Rs 2,366 crore orders

Shares of Kalpataru Projects International Ltd rose by 5.42% on Tuesday, reaching a high of Rs 1,032.60. This increase followed the company's announcement that it secured new orders worth Rs 2,366 crore. The company stated that the new contracts include projects in the Transmission and Distribution (T&D) sector both in India and internationally, as well as in the Buildings and Factories (B&F) segment. Manish Mohnot, the Managing Director and CEO, noted that the total order intake for the financial year 2025 has now reached Rs 24,850 crore, which offers promising prospects for growth and execution. At the time of this report, around 11,000 shares had traded on the Bombay Stock Exchange, which is lower than the recent two-week average of 18,000 shares. The total turnover was Rs 1.15 crore, giving the company a market capitalisation of Rs 17,209.60 crore. Technically, the stock traded above several short-term moving averages but lower than long-term averages. Its 14-day relative strength index (RSI) was 61.66, suggesting it is not currently overbought or oversold. Kalpataru Projects has a price-to-equity (P/E) ratio of 31.01 and a price-to-book (P/B) value of 2.96. The company's earnings per share (EPS) stands at 32.60, with a return on equity (RoE) of 9.54. As of December 2023, its promoters held a 33.52% stake in the company. Kalpataru operates projects in over 30 countries and has a presence in 75 countries worldwide.