Shares of Kalpataru Projects International Limited (KPIL) fell 2.88 per cent to ₹1,056.80 on Tuesday. The company announced new order wins worth approximately ₹2,471 crore. The stock, which touched an intraday high of ₹1,140, closed well off that level, dragging its year-to-date loss to over 12 per cent. Total market capitalization stood at ₹18,033 crore.
The engineering, procurement and construction (EPC) firm said the fresh orders span three segments: an underground metro rail project in India executed through a joint venture, power transmission and distribution (T&D) contracts in India and overseas, and buildings and factories (B&F) projects in India.
MD and CEO Manish Mohnot said the company has secured approximately ₹22,000 crore in orders so far in the current financial year FY26, and expressed confidence in meeting full-year targets backed by a healthy pipeline and L1 positions.
KPIL operates across more than 30 countries and executes projects in segments including railways, highways, water supply, oil and gas pipelines, and urban mobility. The company said the metro rail order, in particular, strengthens its presence in the urban transportation segment.
The stock trades at a trailing P/E of 22.71 and remains about 21 per cent above its 52-week low of ₹786.30 hit in April 2025, though it is roughly 21 per cent below its November 2025 peak of ₹1,335.60.
Published on March 17, 2026