Kalpataru share price rallies nearly 10% over strong buying interest after order book update; what investors should know

Kalpataru shares surged nearly 10% to hit the intraday high of ₹325 during the early trading session on Tuesday, compared to ₹295.70 at the previous market session, according to NSE data.

The stock’s rally during the early market hours on Tuesday comes after Kalpataru shares hit an intraday high of ₹329.45 during Monday’s market session. The shares closed at a lower price level after hitting the day’s high on March 16.

Why is Kalpataru stock rising today?

Kalpataru stock was surging during the trading session on March 17 over strong buyer interest and support, extending the company’s stock gains from the ₹1,700 crore order book update.

Last week, Kalpataru announced that the company has signed a redevelopment project of Shree Mahalakhshmi CHS at Mumbai’s Veera Desai Road in Andheri West. The filing showed that the project spans across 3 acres of land, which has a development value of the deal amount.

“The project spans 3 acres of prime land with a total potential 0.4 msf carpet area and an estimated Gross Development Value (GDV) of around ₹1,400 crore,” the company informed the stock exchange.

The project is expected to add to the company’s pipeline while ensuring the focus on other redevelopment opportunities across the Mumbai Metropolitan Region, according to the NSE filing.

Kalpataru share price trend

Kalpataru shares were trading 4.09% higher at ₹307.80 as of 10:31 a.m. on Tuesday, compared to ₹295.70 at the previous stock market close, according to the NSE website. The company’s order book update was announced ahead of the market hours on Friday last week, which is fuelling the gains in the last two sessions.

However, shares of Kalpataru have lost 11.36% on a year-to-date (YTD) basis so far in 2026, and the stock has lost 9.59% in the last one-month period, the NSE data showed. But the company’s shares are trading 2.57% higher in the last five sessions on the Indian stock market.

Kalpataru stock hit its 52-week high level at ₹457.40 on July 9, 2025, while the 52-week low level was at ₹286 on March 9, 2026, according to the exchange data. The company’s market capitalisation (M-Cap) was at ₹6,326.71 crore as of the trading session on Tuesday, March 17, 2026.