Analysts at Axis Securities pin hopes on US tariff relief, revival in private capex, improving business confidence and rural recovery as potential positive triggers for the market recovery.
Infrastructure company Kalpataru Projects International Limited (KPIL) on Tuesday said that it has secured new orders worth Rs 2,471 crore. The latest orders worth approximately Rs 2,471 crore include an underground metro rail project in the country, secured through a joint venture/consortium, the company said in a statement. Besides, KPIL has been awarded projects in the power transmission & distribution (T&D) sector in domestic and overseas markets, as well as in the buildings and factories (B&F) business in India, the statement said. "These orders have further strengthened our order book, clearly indicating the buoyancy in the T&D, urban infra and B&F business," Manish Mohnot, MD & CEO, KPIL, said in the statement. He said the company has secured orders worth around Rs 22,000 crore in the current financial year so far.
PL Capital reckons India's West Asia-exposed companies may face near-term headwinds such as execution disruptions, logistics challenges, slower tender finalisations adn deferment of new orders
Kalpataru Projects has secured orders worth ₹19,500 crore in FY26 year-to-date (Y-T-D), led by Buildings & Factories (B&F) (56 per cent) and Transmission & Distribution (T&D)/Urban (44 per cent).
The brokerage highlights a robust export outlook for companies in renewables and T&D, with select EPC and product companies benefiting from international demand.
Kalpataru Projects International Ltd (KPIL) on Wednesday said the company, along with its international subsidiaries, has secured new orders worth about Rs 2,003 crore. These include new orders in the Buildings and Factories (B&F) business in India, as well as in the Power Transmission & Distribution (T&D) in India and overseas market, a company statement said. Manish Mohnot, MD & CEO, KPIL, said, "The orders in the B&F business have strengthened our portfolio in the residential and hospital projects and further improved our leadership in the B&F market in India . Additionally, the new orders in the T&D business reflects our expanding footprint in the India and overseas T&D market. With these order wins, our YTD (year to date) order intake stands around Rs 17,000 crore, providing good visibility for growth in the coming quarters." KPIL is one of the largest specialised EPC companies engaged in Power Transmission & Distribution, Buildings & ...
Kalpataru Projects has secured new orders worth about ₹2,003 crore across its buildings, factories and power transmission businesses
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