š Kalpataru Projects Share Price Soars by 15% on BSE
On 21st May, Kalpataru Projects International Limited witnessed a sharp surge of 15% in its share price on the BSE. The company’s shares jumped by 14.56% to reach a new record high of ā¹1,369.95. This surge came after the company sealed a deal worth ā¹7,550 crore in Saudi Arabia, boosting investor confidence.
š¼ Multi-bagger Stock with Impressive Returns
Kalpataru Projects International Limited has seen a 42% increase in its share price in the past month, making it a multi-bagger stock. Over the last six months, investors have reaped a whopping 106% return on their investment, with the company delivering a remarkable 162% return during this period.
š° Market Cap and Recent Developments
The company’s total market cap stands at ā¹20,476.34 crore. As of Wednesday (22nd May 2024), the share price was trading at ā¹1,227 with a 1.05% decline. Recently, Kalpataru Projects International Limited announced a significant agreement with ARAMCO in Saudi Arabia for the expansion of the Master Gas System Network (MGS-3) worth ā¹7,550 crore.
šļø Kalpataru Projects International Limited is actively involved in various sectors such as power transmission and distribution, oil and gas pipelines, railway infrastructure, civil construction, and warehousing and logistics businesses.
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