India's Kalpataru Projects rises; Investec hikes PT
03/11/2025 05:56
** Kalpataru Projects International KAPT.NS rises 2% to 1,282 rupees ** Investec maintains "buy"; raises PT to 1,401 rupees from 1,294 rupees, implying 8.5% upside from last close ** Cites robust execution across transmission & distribution and Buildings & Factories segments; strong Q2 results ** Stock rated "strong buy" on average; median PT is 1,460 rupees, per data compiled by LSEG ** YTD, KAPT falls 1.1% (Reporting by Rudra Pratap Singh in Bengaluru) ((rudrapratap.singh@thomsonreuters.com))
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India's Kalpataru Projects rises on multiple order wins