Kalpataru Projects International Limited (KPIL) has recently secured significant orders totalling ₹2,774 crores, leading to a notable surge in its share price. This development has garnered the attention of investors looking to capitalise on the company's growth by choosing to buy shares online.
KPIL's impressive order acquisition
KPIL, a prominent Engineering, Procurement, and Construction (EPC) company, announced that it, along with its international subsidiaries, has secured new orders worth ₹2,774 crores. These orders encompass the Transmission & Distribution (T&D) business in overseas markets, an EPC project for the extension of an airport from the Airports Authority of India (AAI), and a Design and Build project for residential buildings in India. Manish Mohnot, MD & CEO of KPIL, expressed satisfaction with this continuous ordering momentum, especially in the T&D and Buildings and Factories (B&F) business segments. He highlighted that the order from AAI marks the company's entry into the growing domestic airport sector, further diversifying its clientele.
Impact on share price
Following the announcement of these substantial orders, KPIL's share price experienced a significant uptick. Investors seeking to buy shares online have shown increased interest in the company, anticipating potential growth and profitability. The surge in share price reflects the market's positive response to KPIL's expanding order book and its strategic diversification into various sectors.
Opportunities for online investors
The modern investment landscape has made it increasingly convenient for individuals to buy shares online. With KPIL's recent achievements and the subsequent rise in its share price, investors can consider adding the company's stock to their portfolios through various online trading platforms. These platforms offer real-time data, enabling investors to make informed decisions and execute trades efficiently.
Summing up
KPIL's recent acquisition of orders worth ₹2,774 crores has positively impacted its share price, attracting the attention of investors planning to buy shares online. The company's strategic expansion into diverse sectors, including T&D, airport infrastructure, and residential projects, showcases its robust growth trajectory. As the investment process becomes more accessible through online platforms, investors have the opportunity to participate in KPIL's potential success by conveniently purchasing shares online.
As of 11 AM on March 7, 2025, KPIL's shares were trading at ₹950.25 per share, reflecting a 3.62% increase today.