Kalpataru Projects Bags ₹2,471 Crore Orders; Shares Down 3.68%

Mumbai, March 17: Kalpataru Projects International Limited were down 3.68% even as the company announced that it has secured new orders and award notifications worth approximately ₹2,471 crore, the company said in an exchange filing on Tuesday.

The order inflows span multiple business verticals. These include a metro rail project in India executed through a joint venture structure, alongside contracts in the power transmission and distribution segment across domestic as well as overseas markets. The company has also received orders in its buildings and factories business within India.

According to the filing, these contracts have been awarded in the normal course of business. The company also indicated that its cumulative order inflows for the ongoing financial year have reached around ₹22,000 crore, supported by a steady pipeline and L1 positions.

Share Price Declines Despite Order Announcement

Kalpataru Projects International Limited share price moved lower during the trading session even as the company reported fresh order wins.

As of 11:25 AM IST on March 17, 2026, the stock was trading at ₹1,048.10, down 3.68% compared to the previous close of ₹1,088.10, as per exchange data. The stock opened higher at ₹1,101.90 and touched an early high of ₹1,140.00 and a low of ₹1,044.80 so far.

Selling pressure intensified through the morning session, with the stock touching a low of ₹1,044.80. The movement suggests that broader market trends or short-term profit booking influenced trading, rather than the order announcement alone.

Diversified EPC Presence Across Domestic And Global Markets

Kalpataru Projects International Limited operates as a multi-sector engineering, procurement and construction company with a presence across power transmission and distribution, urban infrastructure, buildings, water supply, railways and oil and gas pipelines.

The company executes projects in more than 30 countries and has established a global footprint across 75 nations. Its operations are supported by sector diversification and project execution capabilities across complex infrastructure segments.

The latest order inflows further strengthen its presence in urban mobility and transmission infrastructure, both of which continue to see sustained capital expenditure.

Order Pipeline Strengthens Visibility, Market Reaction Remains Cautious

The fresh order wins add to KPIL’s existing order book and provide incremental revenue visibility for upcoming quarters. The mix of domestic and international projects also reflects a balanced execution pipeline.

However, the immediate reaction in the stock indicates cautious sentiment in the market. Despite positive business developments, price movement remained under pressure during the session.

The company stated that the orders reinforce its positioning across key infrastructure verticals. Near-term stock performance, however, appears to be driven by broader market dynamics rather than company-specific triggers alone.

Source:

• https://www.nseindia.com/get-quote/equity/KPIL/Kalpataru-Projects-International-Limited
• https://nsearchives.nseindia.com/corporate/KALPATPOWR_17032026085110_SEIntimationPR17032026.pdf