Shares of Kalpataru Projects International Ltd (KPIL) surged 5.42 per cent in Tuesday’s trade to hit a high of Rs 1,032.60 after the company bagged orders with a combined value of Rs 2,366 crore.

“KPIL, along with its international subsidiaries, have secured notification of awards / comfort letters of approx. Rs 2,366 crore. The details of the aforesaid new orders are as follows: Orders in the Transmission and Distribution (T&D) business in India and overseas market; Order in the Buildings and Factories (B&F) business in India,” Kalpataru stated in an exchange filing.

Manish Mohnot, MD & CEO at KPIL, said, “With these new orders, our order intake till date in FY25 has reached Rs 24,850 crore, providing good visibility for improved…