Kalpataru Power Transmission wins orders of Rs. 1247 crores

Kalpataru Power Transmission Limited (KPTL) & its international subsidiaries have secured new orders / notification of awards of ₹ 1,247 Crores. The details are as follows:

- Orders in India and overseas market in the T&D business of ₹ 1,247 Crores

Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said "We are pleased with the new order wins in our T&D business. With these new orders, we have further strengthen and consolidated our market position in India, SARRC and African markets. We expect T&D ordering momentum to remain robust given the thrust on renewables and upgradation of T&D infrastructure in India and International markets.

KPTL's YTD FY23 order inflows have crossed ₹ 17,031 Crores on consolidated basis. The existing order book along with our diversified business mix provides good visibility for growth in coming quarters."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 558.80 as compared to the previous close of Rs. 549.60. The total number of shares traded during the day was 18282 in over 1406 trades.

The stock hit an intraday high of Rs. 567.10 and intraday low of 548.10. The net turnover during the day was Rs. 10244967.00.

Source : Equity Bulls

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