India's Kalpataru Projects International rises on order wins

Kalpataru Projects International

09/06/2025 05:34

** Kalpataru Projects International KAPT.NS rises as much as 7.3% to 1,234 rupees

** Engineering co, along with its international units, secures new orders worth ~37.89 bln rupees ($442 mln)

** Says orders in the buildings and factories business in India, power transmission and distribution in overseas market

** More than 952,000 shares traded, 3.3x the 30-day moving avg

** Stock rated "buy" on avg; median PT is 1,304.5 rupees, per LSEG-compiled data

** KAPT last up 4.3%, cutting YTD losses to 11.4%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))