Kalpataru Power Transmission Ltd receives new orders of Rs. 1211 crores

Kalpataru Power Transmission Limited (KPTL) & its international subsidiaries has secured new orders / notification of awards of ₹ 1,211 Crores. The details are as follows:

- Order for Metro Rail Electrification in India (Secured in joint venture / consortium)

- Composite Railway Project in India (Secured in joint venture / consortium)

- Orders in India and overseas market in the T&D business

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 and Railways business. I am particularly enthused with our first order in the Metro Rail Electrification segment. Such orders helps us to extend our presence in the emerging and new areas, thereby firming up our qualifications and capabilities in high growth infrastructure businesses. These orders along with our existing order book, provides us with confidence to achieve the targeted growth."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 371.15 as compared to the previous close of Rs. 369.60. The total number of shares traded during the day was 4968 in over 620 trades.

The stock hit an intraday high of Rs. 373.85 and intraday low of 365.45. The net turnover during the day was Rs. 1839132.00.

Source : Equity Bulls

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