Kalpataru Power Transmission Limited receives new orders of Rs. 1554 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 Rs. 1,554 Crores. The details are as follows:

- Orders from India, CIS and Latin America in the power transmission business

- KPTL's international subsidiary has secured new power transmission projects in Europe

Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said "We are delighted with the new order wins in our power transmission business. These new order wins help us to strengthen our power transmission order book in India and overseas market. Our current year order inflow has reached around Rs.8,000 Crores and additionally we have good visibility across all our businesses. Our order book visibility with low debt gives us confidence of growth from long-term perspective."

Shares of KALPATARU POWER TRANSMISSION LTD. was last trading in BSE at Rs.398 as compared to the previous close of Rs. 390.7. The total number of shares traded during the day was 29303 in over 1005 trades.

The stock hit an intraday high of Rs. 406.15 and intraday low of 388.2. The net turnover during the day was Rs. 11717247.

Source : Equity Bulls

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