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  1. Kalpataru Projects share price jumps 5% after securing ₹4,439 crore power transmission order; check details

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Kalpataru Projects share price jumps 5% after securing ₹4,439 crore power transmission order; check details

Anubhav Mukherjee

3 min read | Updated on March 24, 2026, 09:50 IST

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SUMMARY

Kalpataru Projects shares surged in the early market hours on March 24 after the company bagged a ₹4,439 crore power transmission order. This marks the second large order secured this month.

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Its revenue from operations rose 35% year-on-year (YoY) to ₹6,171.17 crore in the Q1FY26. | Image: Shutterstock

Kalpataru Projects shares surged 5.4% to hit their intraday high level of ₹1,073.10 in the early market session on March 24.

Kalpataru Projects stock price: Kalpataru Group’s EPC arm, Kalpataru Projects, share price jumped more than 5% during the early market session on Tuesday, March 24, after the company disclosed that it has secured a ₹4,439 crore power transmission order, according to an exchange filing.
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The company “secured notification of awards / comfort letters / confirmation of consummation of contract of approx. ₹ 4,439 Crores in the Transmission and Distribution (T&D) business,” according to the NSE filing before the market opening bell on Tuesday.

Shares of the Kalpataru Projects surged 5.4% to hit their intraday high level of ₹1,073.10 in the early market session, compared to ₹1,018.10 at the previous stock market close, the exchange data showed.

Order details

As part of the arrangement, Kalpataru Projects will fulfil an order for a 400kV power transmission line and the need for associated substations in Africa. The company will also fulfil an order to build power transmission lines in India and build a substation project in Sweden.

However, the company’s filing did not mention any expected timeline for the completion of the order or the names of the entities which issued the order to the firm for the projects.

Commenting on the development, Managing Director and CEO of Kalpataru Projects, Manish Mohnot said, “With these wins, we have surpassed our annual order intake target of ₹26,000 crores. Notably, our T&D and Buildings & Factories (B&F) businesses account for nearly 50% and 40% of FY26 year-to-date inflows, respectively, underscoring the strong growth momentum in our major businesses.”

Last week, Kalpataru Projects’ subsidiaries secured a $2,472 crore order for the construction of metro railway projects in India, cater to a power transmission order in India and abroad, and also build buildings and factories in the nation.

Kalpataru Projects share price

Kalpataru Projects shares were trading 2.38% higher at ₹1,042.30 as of 9:32 a.m. on Tuesday, compared to ₹1,018.10 at the previous market close, according to NSE data.

Shares of the EPC firm, Kalpataru Projects, have delivered stock market investors 174% returns on their investment in the last five years, and over 91% returns in the last three-year period. The company's shares have gained 6.77% in one year, NSE data showed.

However, on a year-to-date (YTD) basis, Kalpataru Projects shares have lost 12.93% in 2026, and are down 13.16% in one month. The company’s shares are trading 0.67% lower over the last five market sessions.

Kalpataru Projects' stock hit its 52-week high level at ₹1,335.60 on November 6, 2025, while the 52-week low level was at ₹786.30 on April 7, 2025, as per the exchange data. The company’s market capitalisation (M-Cap) was at ₹17,990.89 crore as of the trading session on March 24.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with two years of experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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