Latest news with #KPGreenEngineering
Business Standard
a day ago
- Business
- Business Standard
KP Green Engineering secures new orders of Rs 52.31 cr
KP Green Engineering has secured confirmed new orders from multiple clients, totalling Rs 52.31 crore across five segments. These orders include the company's maiden order of Rs 19 crore in the newly launched heavy engineering segment awarded by a client for the prestigious Chennai Metro project.
Business Standard
a day ago
- Business
- Business Standard
KP Green rises after securing Rs 52 cr orders across segments
KP Green Engineering added 1.32% to Rs 540 after the company announced that it has secured new orders totaling Rs 52.31 crore from multiple clients across five different segments. These orders include Rs 11.57 crore for solar projects, which cover fixed tilt module mounting structures, supply of tracker type module mounting structures, and structure parts. Additionally, the company secured Rs 17.31 crore for transmission towers for the 33/66/220KV network, Rs 0.46 crore for crash barriers for railway track fencing and other applications, Rs 3.97 crore for solar rooftop projects, and Rs 19 crore for heavy engineering structures for the Chennai Metro. These diversified orders are expected to drive further growth for KP Green Engineering across its key sectors. KP Green Engineering is proud to announce its first order in the newly launched heavy engineering segmenta Rs 19 crore contract awarded for the prestigious Chennai Metro project. The order, which will be manufactured at the companys flagship Matar plant, is expected to be completed in FY 2026. This milestone marks a significant step in the companys strategic expansion into heavy engineering, diversifying its capabilities and reinforcing its reputation as a trusted partner in infrastructure solutions. The company is committed to delivering excellence across all segments and sustaining its growth trajectory in the years ahead. KP Green Engineering is engaged in the business of Fabrication, Galvanizing, Fault Rectification Team, Patrolling of Optical Fiber Cables, Site Clearance Work, Solar Rooftop Installation, Sale of Solar Electricity, EPC, Mobile Tower Manufacturing, and Turnkey Service Provider to Mobile and Renewable Energy Industry. On a full-year basis, the company's net profit surged 190.8% to Rs 74.01 crore on a 99% rise in net sales to Rs 649.64 crore in FY25 over FY24.
Mint
a day ago
- Business
- Mint
Multibagger small-cap stock KP Green Engineering rises 2% on ₹52 crore order win; trades 272% higher than IPO price
Mulitbagger small-cap stock in focus: Despite the Indian market trading in a consolidation range, KP Green Engineering saw its shares jump nearly 2% in Friday's trade (July 4), touching a day's high of ₹ 542 apiece after the company secured fresh orders. In an exchange filing today, the company announced it had secured new orders from multiple clients, totaling ₹ 52.31 crore across five segments. This includes its first order in the newly launched Heavy Engineering segment, a ₹ 19 crore contract awarded by a client for the prestigious Chennai Metro project. The company said this order will be manufactured at its flagship Matar plant and is slated for completion in FY2026. This is the second major order for the company in less than a month, following a ₹ 97.27 crore order win on June 11. Meanwhile, the company early last month signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics India, a leading provider of energy and power management solutions. These MoUs span three high-impact areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters. KP Green Engineering made its market debut in March 2024, listing at ₹ 200 apiece, a 38% premium to its IPO price of ₹ 144. It closed the first day near its listing price at ₹ 210. Following the bumper debut, the stock maintained strong upward momentum in the following months, even as the broader market witnessed heightened volatility. It ended in April 2024 with a multibagger gain of 110%, and at current levels, the stock is trading over 270% above its IPO price. Incorporated in 2001, KP Green Engineering manufactures fabricated and hot-dip galvanized steel products. Its product range includes lattice tower structures, substation structures, solar module mounting structures, cable trays, earthing strips, beam crash barriers, and other infrastructure solution products aligned with its motto: 'A Company to Solve the Difficulties.' The company offers in-house fabrication and hot dip galvanizing facilities, enabling tailor-made solutions for clients. It provides end-to-end services, covering engineering, design, fabrication, galvanization, and deployment.
Mint
a day ago
- Business
- Mint
Multibagger small-cap stock KP Green Engineering rises 2% on ₹52 crore order win; trades 272% higher than IPO price
Mulitbagger small-cap stock in focus: Despite the Indian market trading in a consolidation range, KP Green Engineering saw its shares jump nearly 2% in Friday's trade (July 4), touching a day's high of ₹ 542 apiece after the company secured fresh orders. In an exchange filing today, the company announced it had secured new orders from multiple clients, totaling ₹ 52.31 crore across five segments. This includes its first order in the newly launched Heavy Engineering segment, a ₹ 19 crore contract awarded by a client for the prestigious Chennai Metro project. The company said this order will be manufactured at its flagship Matar plant and is slated for completion in FY2026. This is the second major order for the company in less than a month, following a ₹ 97.27 crore order win on June 11. Meanwhile, the company early last month signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics India, a leading provider of energy and power management solutions. These MoUs span three high-impact areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters. KP Green Engineering made its market debut in March 2024, listing at ₹ 200 apiece, a 38% premium to its IPO price of ₹ 144. It closed the first day near its listing price at ₹ 210. Following the bumper debut, the stock maintained strong upward momentum in the following months, even as the broader market witnessed heightened volatility. It ended in April 2024 with a multibagger gain of 110%, and at current levels, the stock is trading over 270% above its IPO price. Incorporated in 2001, KP Green Engineering manufactures fabricated and hot-dip galvanized steel products. Its product range includes lattice tower structures, substation structures, solar module mounting structures, cable trays, earthing strips, beam crash barriers, and other infrastructure solution products aligned with its motto: 'A Company to Solve the Difficulties.' The company offers in-house fabrication and hot dip galvanizing facilities, enabling tailor-made solutions for clients. It provides end-to-end services, covering engineering, design, fabrication, galvanization, and deployment. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Business Standard
11-06-2025
- Business
- Business Standard
KP Green rises after securing Rs 97.27 cr orders across segments
KP Green Engineering added 1.66% to Rs 575 after the company announced that it has secured new orders totaling Rs 97.27 crore from multiple clients. The orders span several sectors, including solar, transmission, and infrastructure. The company has been awarded solar projects involving the supply of 37.56 MW fixed tilt module mounting structures and tracker-type module mounting structures. In the transmission sector, KP Green has secured an order for 220 kV to 400 kV tower materials, as well as 33 kV and 66 kV substation equipment, structure hardware, cable trays, GI strip material, and GI structures for isolators, amounting to Rs 7.18 crore. Additionally, the company has received orders for 220 kV, 66 kV, and 33 kV isolators, worth Rs 0.26 crore. In the infrastructure space, KP Green Engineering has also secured Rs 47.83 crore for crash barriers used for railway track fencing and other applications, along with Rs 4.44 crore for rooftop installations. KP Green Engineering is engaged in the business of Fabrication, Galvanizing, Fault Rectification Team, Patrolling of Optical Fiber Cables, Site Clearance Work, Solar Rooftop Installation, Sale of Solar Electricity, EPC, Mobile Tower Manufacturing, and Turnkey Service Provider to Mobile and Renewable Energy Industry. On a full-year basis, the company's net profit surged 190.8% to Rs 74.01 crore on a 99% rise in net sales to Rs 649.64 crore in FY25 over FY24.
