Kalpataru Power Transmission soars on receiving new orders worth Rs 1,247 crore
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Kalpataru Power Transmission is currently trading at Rs. 559.35, up by 9.75 points or 1.77% from its previous closing of Rs. 549.60 on the BSE.
The scrip opened at Rs. 548.10 and has touched a high and low of Rs. 567.10 and Rs. 548.10 respectively. So far 15813 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 576.00 on 14-Dec-2022 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. 567.10 and Rs. 503.15 respectively. The current market cap of the company is Rs. 8341.15 crore.
The promoters holding in the company stood at 51.55%, while Institutions and Non-Institutions held 41.91% and 6.55% respectively.
Kalpataru Power Transmission (KPTL) & its international subsidiaries have secured new orders / notification of awards of Rs 1,247 crore. The company with its subsidiaries has received orders in India and overseas market in the T&D business.
With these new orders, the company has further strengthened and consolidated its market position in India, SARRC and African markets. KPTL’s YTD FY23 order inflows have crossed Rs 17,031 crore on consolidated basis.
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.
