India's Kalpataru Projects up on winning orders worth 21.74 bln rupees

Kalpataru Projects International

06/12/2024 09:54

** Shares of Kalpataru Projects International  KAPT.NS  rise
as much as 2.8% to 1,283.90 rupees
    ** Engineering and construction co along with its
international subsidiaries have won orders worth 21.74 bln
rupees ($256.7 mln), it says
    ** Adds, including these orders, its YTD order inflow is at
over 163 bln rupees
    ** Stock on track for fourth consecutive session of gains
    ** More than 505,000 shares change hands, 1.5x of 30-day avg
    ** Avg rating of 14 analysts equivalent of "buy", median PT
is 1,470 rupees - LSEG data
    ** Stock up 11.5% so far this week, set for best weekly gain
since Feb
    ** Stock up 79.3% YTD





($1 = 84.6850 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))