Kalpataru Power Transmission jumps on securing orders of Rs 1,345 crore
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Kalpataru Power Transmission is currently trading at Rs. 433.30, up by 30.15 points or 7.48% from its previous closing of Rs. 403.15 on the BSE.
The scrip opened at Rs. 413.00 and has touched a high and low of Rs. 440.90 and Rs. 413.00 respectively. So far 28303 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 451.95 on 18-Oct-2021 and a 52 week low of Rs. 332.30 on 11-May-2022.
Last one week high and low of the scrip stood at Rs. 440.90 and Rs. 398.85 respectively. The current market cap of the company is Rs. 6003.27 crore.
The promoters holding in the company stood at 51.55%, while Institutions and Non-Institutions held 41.37% and 7.09% respectively.
Kalpataru Power Transmission and its international subsidiaries has secured new orders / notification of awards of Rs 1,345 crore. The company secured orders in India and overseas market in the T&D business. The company has received order for Pipeline Laying Works (Secured in joint venture / consortium) and for Metro Rail Electrification in India (Secured in joint venture / consortium).
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.
