Kalpataru Power Transmission surges on securing new orders worth Rs 1,560 crore

Kalpataru Power Transmission is currently trading at Rs. 373.70, up by 17.40 points or 4.88% from its previous closing of Rs. 356.30 on the BSE.

Kalpataru Power

The scrip opened at Rs. 365.00 and has touched a high and low of Rs. 377.90 and Rs. 365.00 respectively. So far 7977 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 495.95 on 03-Aug-2021 and a 52 week low of Rs. 309.30 on 01-Feb-2021.

Last one week high and low of the scrip stood at Rs. 377.90 and Rs. 354.80 respectively. The current market cap of the company is Rs. 5305.64 crore.

The promoters holding in the company stood at 54.55%, while Institutions and Non-Institutions held 36.20% and 9.25% respectively.
Kalpataru Power Transmission (KPTL) has secured new orders / notifications of award of Rs 1,560 crore. The company has received orders from India, Africa, CIS and South America in the power transmission business. Besides, KPTL’s international subsidiary has secured new power transmission projects in Europe.

Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.

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