India's Kalpataru Projects jumps on order wins

Kalpataru Projects International

07/03/2025 04:10

** Shares of Kalpataru Projects KAPT.NS rise 6% to 971.5 rupees in early trade

** Construction and engineering co wins orders worth 23.06 bln rupees ($264.7 mln)

** Orders for transmission and distribution business in overseas market and building projects in India

** Over 1.1 mln shares change hand, 2x its 30 day avg

** Avg rating of 15 is a "buy"; median PT is 1,255 rupees - LSEG

** Stock up 5% so far this week

($1 = 87.1100 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)

 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))