04 Nov 2025 | 3 Mins Read
Motilal Oswal targets Rs 1500 for Kalpataru Projects International
Flipitmoney
Kalpataru Projects International's 2QFY26 performance was in line with estimates, driven by strong execution across T&D and oil & gas divisions. The company has a strong order book of INR647b and prospects are strong for T&D and buildings & factories. The stock trades at 17.1x/14.7x P/E on FY27/28E earnings, with an SoTP-based TP of INR1,500.