Overview
- On June 30, Kalpataru secured an overseas transmission, distribution and civil infrastructure contract worth Rs 989 crore, lifting its financial year 2026 order intake to Rs 7,150 crore.
- Earlier in June, the company won two projects totaling Rs 3,789 crore across India’s building and factories segment and international T&D work.
- The expanding backlog underscores Kalpataru’s strategic focus on grid modernization and diversified civil infrastructure in key global markets.
- Shares closed at Rs 1,227.20, edging up 0.02% as the benchmark Nifty 50 fell 0.47%, signaling resilient stock performance.
- Fifteen of 17 analysts rate the stock a buy, with a consensus 12-month target implying a 5.1% upside.