{"id":69463,"date":"2026-04-10T12:56:28","date_gmt":"2026-04-10T07:26:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=69463"},"modified":"2026-04-10T12:56:30","modified_gmt":"2026-04-10T07:26:30","slug":"kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/","title":{"rendered":"Kalpataru Projects Surges 16% in 3 Weeks \u2014 Has the EPC Giant&#8217;s Turnaround Finally Arrived?"},"content":{"rendered":"<p>Kalpataru Projects International has surged 16% in three weeks, and infrastructure investors are asking whether this marks a genuine breakout after years of working capital challenges and margin pressure in the EPC space.<\/p><p>This article covers every key reason behind Kalpataru Projects&#8217;s recent surge, what the data says about sustainability, the short-term and long-term share price targets for 2026, and what catalysts and risks investors need to monitor before making any decision.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here 2013 Get Free Investment Predictions on Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#About_Kalpataru_Projects_NSE_KPIL\" title=\"About Kalpataru Projects (NSE: KPIL)\">About Kalpataru Projects (NSE: KPIL)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Why_Is_Kalpataru_Projects_Share_Price_Rising_The_Surge_Explained\" title=\"Why Is Kalpataru Projects Share Price Rising? The Surge Explained\">Why Is Kalpataru Projects Share Price Rising? The Surge Explained<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Financial_Performance_%E2%80%94_What_the_Numbers_Say\" title=\"Financial Performance \u2014 What the Numbers Say\">Financial Performance \u2014 What the Numbers Say<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Key_Catalysts_That_Could_Drive_Kalpataru_Projects_Share_Price_Higher\" title=\"Key Catalysts That Could Drive Kalpataru Projects Share Price Higher\">Key Catalysts That Could Drive Kalpataru Projects Share Price Higher<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Risks_to_Watch_Before_Chasing_the_Rally\" title=\"Risks to Watch Before Chasing the Rally\">Risks to Watch Before Chasing the Rally<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Technical_Setup_%E2%80%94_Is_the_Rally_Sustainable\" title=\"Technical Setup \u2014 Is the Rally Sustainable?\">Technical Setup \u2014 Is the Rally Sustainable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Institutional_Positioning_and_Market_Sentiment\" title=\"Institutional Positioning and Market Sentiment\">Institutional Positioning and Market Sentiment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Future_Outlook_%E2%80%94_Can_Kalpataru_Projects_Sustain_the_Rally\" title=\"Future Outlook \u2014 Can Kalpataru Projects Sustain the Rally?\">Future Outlook \u2014 Can Kalpataru Projects Sustain the Rally?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Kalpataru_Projects_Share_Price_Target_2026\" title=\"Kalpataru Projects Share Price Target 2026\">Kalpataru Projects Share Price Target 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Short-Term_Target_3-6_Months\" title=\"Short-Term Target (3-6 Months)\">Short-Term Target (3-6 Months)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#12-Month_Analyst_Consensus_Target\" title=\"12-Month Analyst Consensus Target\">12-Month Analyst Consensus Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Long-Term_Target_FY27-FY28\" title=\"Long-Term Target (FY27-FY28)\">Long-Term Target (FY27-FY28)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Q1_Why_did_Kalpataru_Projects_surge_16_in_3_weeks\" title=\"Q1. Why did Kalpataru Projects surge 16% in 3 weeks?\">Q1. Why did Kalpataru Projects surge 16% in 3 weeks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Q2_What_is_Kalpataru_Projects_share_price_target_2026\" title=\"Q2. What is Kalpataru Projects&#8217; share price target 2026?\">Q2. What is Kalpataru Projects&#8217; share price target 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Q3_What_does_Kalpataru_Projects_do\" title=\"Q3. What does Kalpataru Projects do?\">Q3. What does Kalpataru Projects do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Q4_What_is_the_Kalpataru_international_order_book\" title=\"Q4. What is the Kalpataru international order book?\">Q4. What is the Kalpataru international order book?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Q5_Who_are_the_key_clients_of_Kalpataru_Projects\" title=\"Q5. Who are the key clients of Kalpataru Projects?\">Q5. Who are the key clients of Kalpataru Projects?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/kalpataru-projects-surges-16-in-3-weeks-has-the-epc-giants-turnaround-finally-arrived\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Kalpataru_Projects_NSE_KPIL\"><\/span><strong>About Kalpataru Projects (NSE: KPIL)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>[Click Here \u2013 Get Free Investment Predictions<\/strong><\/a> on Univest.<\/p><p>Kalpataru Projects is a leading company in the EPC \/ Infrastructure space with a market capitalisation of Rs 19,200 Cr. The stock trades at approximately 22x trailing P\/E and has a 52-week range spanning from Rs 900 to Rs 1,520. The current price of Rs 1,180 reflects +16% appreciation 3 weeks, putting the stock significantly above its recent lows.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Is_Kalpataru_Projects_Share_Price_Rising_The_Surge_Explained\"><\/span><strong>Why Is Kalpataru Projects Share Price Rising? The Surge Explained<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-1024x536.jpeg\" alt=\"Kalpataru Projects Share Price Target\" class=\"wp-image-69467\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-1024x536.jpeg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-768x402.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-900x471.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-600x314.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-150x79.jpeg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Kalpataru Projects share price data \u2014 surge, CMP, 12M target, sector | univest.in<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a>.<\/p><p>Kalpataru&#8217;s order book crossed Rs 55,000 crore, with international orders from the Middle East, Europe, and Africa accounting for 40% of the total. Revenue of Rs 5,800 crore (+20% YoY) and PAT of Rs 195 crore (+25% YoY) reflect improving execution efficiency and better working capital management. The company has been winning large transmission line and pipeline contracts internationally at margins that are 200-300 basis points above domestic EPC margins.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Performance_%E2%80%94_What_the_Numbers_Say\"><\/span><strong>Financial Performance \u2014 What the Numbers Say<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The underlying financials confirm that the Kalpataru Projects share price surge is not just momentum \u2014 it is backed by improving fundamental performance.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Latest Quarter<\/strong><\/td><td><strong>Change<\/strong><\/td><td><strong>What It Signals<\/strong><\/td><\/tr><tr><td>Revenue<\/td><td>Rs 5,800 Cr<\/td><td>+20% YoY<\/td><td>Top-line growth confirmation<\/td><\/tr><tr><td>Net Profit (PAT)<\/td><td>Rs 195 Cr<\/td><td>+25% YoY<\/td><td>Earnings acceleration<\/td><\/tr><tr><td>Market Cap<\/td><td>Rs 19,200 Cr<\/td><td>Current<\/td><td>Valuation context<\/td><\/tr><tr><td>Promoter Holding<\/td><td>34.2%<\/td><td>\u2014<\/td><td>Management confidence<\/td><\/tr><tr><td>FII Holding<\/td><td>18.4%<\/td><td>\u2014<\/td><td>Institutional interest<\/td><\/tr><\/tbody><\/table><\/figure><p>For live Kalpataru Projects fundamental data and peer comparison, check the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Catalysts_That_Could_Drive_Kalpataru_Projects_Share_Price_Higher\"><\/span><strong>Key Catalysts That Could Drive Kalpataru Projects Share Price Higher<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>\u2022 <\/strong>International order book at Rs 22,000 crore providing higher-margin revenue<\/p><p><strong>\u2022 <\/strong>India&#8217;s power transmission capex driving domestic T&amp;D order flows<\/p><p><strong>\u2022 <\/strong>Middle East infrastructure boom creating sustained high-value contracts<\/p><p><strong>\u2022 <\/strong>Working capital improvement reducing interest costs and improving free cash flow<\/p><p><strong>\u2022 <\/strong>Merger with Kalpataru Power Transmission (parent) creating a consolidated entity<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for real-time alerts on Kalpataru Projects and daily SEBI-registered research.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risks_to_Watch_Before_Chasing_the_Rally\"><\/span><strong>Risks to Watch Before Chasing the Rally<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>\u2022 <\/strong>EPC companies are inherently working capital intensive \u2014 any delay in client payments impacts cash flow<\/p><p><strong>\u2022 <\/strong>34.2% promoter holding is relatively low for comfort<\/p><p><strong>\u2022 <\/strong>International execution risk in geopolitically complex regions like Africa and Middle East<\/p><p><strong>\u2022 <\/strong>Order conversion timelines longer than domestic EPC peers<\/p><p>Not every surge is sustainable. Investors should carefully evaluate each of these risks relative to their own risk tolerance and investment horizon before making any decision. Consult a SEBI-registered financial advisor.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Setup_%E2%80%94_Is_the_Rally_Sustainable\"><\/span><strong>Technical Setup \u2014 Is the Rally Sustainable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Kalpataru Projects is trading at Rs 1,180, which puts the stock +16% above its recent low of Rs 900 and 22% below its 52-week high of Rs 1,520. The stock has reclaimed key moving averages and technical momentum indicators (RSI, MACD) are supportive in the short to medium term. Key resistance is at the 52-week high of Rs 1,520. Short-term support is at Rs 1,150.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for live technical analysis and SEBI-registered F&amp;O setups<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Institutional_Positioning_and_Market_Sentiment\"><\/span><strong>Institutional Positioning and Market Sentiment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Kalpataru Projects&#8217;s shareholding reflects: Promoter 34.2%, FII 18.4%, DII 22.6%. FII ownership is moderate, meaning the stock is less sensitive to global risk-off selling than FII-heavy peers. The promoter holding provides management commitment though any reduction in promoter stake would be a key risk to monitor.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Future_Outlook_%E2%80%94_Can_Kalpataru_Projects_Sustain_the_Rally\"><\/span><strong>Future Outlook \u2014 Can Kalpataru Projects Sustain the Rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Kalpataru Projects is a compelling value at 22x P\/E for a company growing revenue at 20% with an expanding international order book. The 12-month target of Rs 1,450\u20131,650 implies 23-40% upside. Working capital improvement is the key metric to watch in Q4 FY26 results.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kalpataru_Projects_Share_Price_Target_2026\"><\/span><strong>Kalpataru Projects Share Price Target 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for Premium Stock Research and Targets<\/strong><\/a>.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short-Term_Target_3-6_Months\"><\/span><strong>Short-Term Target (3-6 Months)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In the short term, Kalpataru Projects share price target is Rs 1,150\u20131,280 based on current technical positioning and the immediate momentum from the +16% 3 weeks surge. Support at Rs 1,150 must hold for the bullish case to remain intact.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12-Month_Analyst_Consensus_Target\"><\/span><strong>12-Month Analyst Consensus Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The analyst consensus 12-month Kalpataru Projects share price target is Rs 1,450\u20131,650, implying meaningful upside from the current price of Rs 1,180. This target assumes the catalysts identified in this article materialise and the macro environment remains broadly supportive.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long-Term_Target_FY27-FY28\"><\/span><strong>Long-Term Target (FY27-FY28)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In a bull scenario where key catalysts deliver, the Kalpataru Projects share price target for FY28 is Rs 1,900\u20132,300. This long-term target represents a scenario where the company executes consistently and the sectoral tailwinds accelerate beyond current consensus expectations.<\/p><p>Track Kalpataru Projects live and compare with sector peers on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Kalpataru Projects&#8217;s +16% surge 3 weeks is backed by improving fundamentals \u2014 revenue growth of +20% YoY and PAT growth of +25% YoY in the latest quarter. The 12-month analyst consensus target of Rs 1,450\u20131,650 implies significant further upside from the current price of Rs 1,180. The key catalysts and risks outlined in this article are the variables that will determine whether the rally extends or corrects. Investors should evaluate both carefully before making any position decision.<\/p><p>This article is for informational purposes only. Please conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q1_Why_did_Kalpataru_Projects_surge_16_in_3_weeks\"><\/span><strong>Q1. Why did Kalpataru Projects surge 16% in 3 weeks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Kalpataru&#8217;s 16% rally was driven by order book crossing Rs 55,000 crore, Q3 FY26 revenue +20% YoY, PAT +25% YoY, and improving international order momentum.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q2_What_is_Kalpataru_Projects_share_price_target_2026\"><\/span><strong>Q2. What is Kalpataru Projects&#8217; share price target 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month target is Rs 1,450\u20131,650. Short-term is Rs 1,150\u20131,280. Long-term bull case is Rs 1,900\u20132,300.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q3_What_does_Kalpataru_Projects_do\"><\/span><strong>Q3. What does Kalpataru Projects do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Kalpataru Projects International is an EPC (Engineering, Procurement, Construction) company specialising in power transmission lines, pipelines, railways, and infrastructure projects in India and internationally.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q4_What_is_the_Kalpataru_international_order_book\"><\/span><strong>Q4. What is the Kalpataru international order book?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Kalpataru&#8217;s international order book is approximately Rs 22,000 crore, representing 40% of the total Rs 55,000 crore order book. Key geographies include the Middle East, Europe, Africa, and South Asia.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q5_Who_are_the_key_clients_of_Kalpataru_Projects\"><\/span><strong>Q5. Who are the key clients of Kalpataru Projects?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Kalpataru&#8217;s key clients include PowerGrid, state electricity boards in India, and international power and oil companies across the Middle East and Europe.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/tcs-share-price-target\">TCS Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/nestle-india-share-price-target\">Nestle India Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"http:\/\/univest.in\/blogs\/state-bank-of-india-share-price-target\">State Bank of India Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/hindustan-unilever-share-price-target\">Hindustan Unilever Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Kalpataru Projects International has surged 16% in three weeks, and infrastructure investors are asking whether this marks a genuine breakout after years of working capital challenges and margin pressure in the EPC space. This article covers every key reason behind Kalpataru Projects&#8217;s recent surge, what the data says about sustainability, the short-term and long-term share<\/p>\n","protected":false},"author":27,"featured_media":69468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-69463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"_edit_lock":["1775806135:27"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:4:{s:62:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-531.jpeg\";a:2:{s:2:\"id\";i:69467;s:11:\"source_type\";s:13:\"media-library\";}s:71:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-531-1024x536.jpeg\";a:2:{s:2:\"id\";i:69467;s:11:\"source_type\";s:13:\"media-library\";}s:94:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531.jpeg\";a:2:{s:2:\"id\";i:69467;s:11:\"source_type\";s:13:\"media-library\";}s:103:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10125355\/image-531-1024x536.jpeg\";a:2:{s:2:\"id\";i:69467;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["81"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":["Kalpataru Projects Share Price Target 2026: Up 16% \u2014 EPC Recovery Trade Worth Taking?"],"rank_math_description":["Kalpataru Projects up 16% in 3 weeks. 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