Stock Report

Kalpataru Power Transmission Ltd receives new orders of Rs. 2477 crores

Posted On : 2023-03-23 11:33:16( TIMEZONE : IST )

Kalpataru Power Transmission Ltd receives new orders of Rs. 2477 crores

Kalpataru Power Transmission Limited (KPTL) & its international subsidiaries have secured new orders/notification of awards of ₹ 2,477 Crores. The details of the aforesaid new orders are as follows:

- Orders in the T&D business of ₹ 1,181 Crores in India and overseas markets

- EPC projects in the Water business of ₹ 1,296 Crores

Manish Mohnot, MD & CEO, KPTL, said, "We are pleased with the continuous momentum in order inflows, especially in our T&D and Water businesses. The orders in the T&D business have significantly enhanced our order book especially in the domestic market. Our Water business continues to strengthen and diversify its presence in the rural piped water supply projects.

With the above order wins, our YTD order intake has reached at a record level of ₹ 25,149 Crores. We continue to focus on delivering profitable growth and improving our return ratios going forward."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 558.90 as compared to the previous close of Rs. 564.25. The total number of shares traded during the day was 2322 in over 252 trades.

The stock hit an intraday high of Rs. 571.50 and intraday low of 556.60. The net turnover during the day was Rs. 1309212.00.

Source : Equity Bulls


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