Kalpataru Power Transmission Limited receives new orders of approx. Rs. 900 crores

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders / notification of award of about Rs.900 Crores. The details are as follows:

- Order in the T&D business from overseas market
- EPC orders for pipeline laying and associated works in India

Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said "We are happy with the new order wins in our T&D and Oil & Gas business. Our current year order inflow is in excess of Rs.5,400 Crores and we are favourably placed in projects of over Rs.2,000 Crores. We are on track to achieve our targeted numbers for the financial year 2020-21."

Shares of KALPATARU POWER TRANSMISSION LTD. was last trading in BSE at Rs.308.1 as compared to the previous close of Rs. 306.6. The total number of shares traded during the day was 23357 in over 1079 trades.

The stock hit an intraday high of Rs. 311.5 and intraday low of 302.75. The net turnover during the day was Rs. 7178754.

Source : Equity Bulls

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