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Kalpataru Projects, ITC Hotels and Waaree Energies expand capacity
The companies are adding capacity and building larger order books as part of plans they say are aimed at their next phase of growth.
Kalpataru Projects, ITC Hotels and Waaree Energies are expanding capacity and operations, with each company targeting a next phase of growth through moves that include entering new markets and building order books, LiveMint Markets said in a Mint Premium article.
Kalpataru Projects is described as benefiting from a record order book as it pursues projects across multiple areas including power transmission and distribution, buildings, water, railways, oil and gas pipelines, urban mobility and highways, according to the article.
ITC Hotels is pursuing what the article characterizes as an aggressive asset-light expansion, while Waaree Energies is expanding manufacturing capacity across the solar value chain, the outlet said.
The article frames midcap-stock interest around these capacity additions and market expansion efforts, describing them as factors that could support stronger earnings in the years ahead, based on the companies' stated growth plans.