KPTL - New orders of Rs. 1300 crore - Angel Broking

Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders of award of about Rs.1,300cr. The order book comprises segments like T&D business, EPC orders for pipeline laying and railway electrification. KPTL's current order book stands at around Rs13,000cr. This is a positive development for the company which would support revenue growth for FY22.

Shares of KALPATARU POWER TRANSMISSION LTD. was last trading in BSE at Rs.319.3 as compared to the previous close of Rs. 315.25. The total number of shares traded during the day was 55510 in over 1494 trades.

The stock hit an intraday high of Rs. 328 and intraday low of 316.5. The net turnover during the day was Rs. 17791427.

Source : Equity Bulls

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