Kalpataru Power Transmission soars on bagging orders worth Rs 3,079 crore

Kalpataru Power Transmission is currently trading at Rs. 536.65, up by 17.85 points or 3.44% from its previous closing of Rs. 518.80 on the BSE.

The scrip opened at Rs. 532.45 and has touched a high and low of Rs. 542.30 and Rs. 527.90 respectively. So far 13838 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 597.15 on 13-Mar-2023 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. 542.30 and Rs. 510.15 respectively. The current market cap of the company is Rs. 6952.27 crore.

The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 42.57% and 5.91% respectively.

Kalpataru Power Transmission (KPTL) & its international subsidiaries have secured new orders/notification of awards of Rs 3,079 crore in the month of March? 2023 and till date in April?2023.

The aforesaid new orders includes Civil works for a data centre and buildings in India of Rs 1,234 crore;   EPC order in Railway business of Rs 754 crore in India; Water supply projects in India of Rs 708 crore; Residential and Institutional building project in Africa of Rs 233 crore; and Orders in the T&D business of Rs 150 crore in overseas markets.

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