Kalpataru Power Transmission Ltd receives new orders of ₹ 3,185 CRORES

Kalpataru Power Transmission Limited (KPTL) & its international subsidiaries have secured new orders/notification of awards of ₹ 3,185 Crores. The details of the aforesaid new orders are as follows:

- Orders in the T&D business of ₹ 1,481 Crores
- EPC projects in the Water business of ₹ 1,509 Crores
- Commercial building project of ₹ 195 Crores

Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said "We are pleased with the new order inflows, especially in our Water & T&D business. We are witnessing a significant uptick in the Water and T&D business, which we believe will be a major growth driver for us going forward.

With the above order wins, our order intake for the financial year 2022‐23 stands at ₹ 22,672 Crores, a significant growth compared to the last year. Our robust and well‐diversified order book gives us the confidence to deliver on our growth targets going forward."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 513.40 as compared to the previous close of Rs. 512.15. The total number of shares traded during the day was 20215 in over 1795 trades.

The stock hit an intraday high of Rs. 519.00 and intraday low of 508.35. The net turnover during the day was Rs. 10378723.00.

Source : Equity Bulls

Keywords

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