Kalpataru Power Transmission Ltd wins new orders of Rs. 3079 crores

Kalpataru Power Transmission Limited (KPTL) & itsinternational subsidiaries have secured new orders/notification of awards of ₹ 3,079 Crores in the month of March‐ 23 and till date in April‐23.

The details of the aforesaid new orders are as follows:

- Civil works for a data centre and buildings in India of ₹ 1,234 Crores
- EPC order in Railway business of ₹ 754 Crores in India
- Water supply projects in India of ₹ 708 Crores
- Residential and Institutional building project in Africa of ₹ 233 Crores
- Orders in the T&D business of ₹ 150 Crores in overseas markets

Manish Mohnot, MD & CEO, KPTL, said, "We are delighted with the continued momentum in order inflows as we commence the new financial year. We are excited to have our second B&F order in the international market, which is a big step forward for us and in‐line with our strategy to expand our civil business outside India. The orders in the Railway and Water business have enhanced the order book and improved our market position in these businesses. Our B&F business continues to strengthen and diversify its presence in new areas like data centres, educational complexes and institutional buildings."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 518.80 as compared to the previous close of Rs. 519.50. The total number of shares traded during the day was 4078 in over 505 trades.

The stock hit an intraday high of Rs. 527.75 and intraday low of 510.15. The net turnover during the day was Rs. 2127349.00.

Source : Equity Bulls

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