Kalpataru Projects International Ltd receives new orders of Rs. 2261 crores

Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured new orders/notification of awards of Rs. 2,261 Crores.

The details of the aforesaid new orders are as follows:

- Orders in the T&D business of Rs. 2,036 Crores in overseas markets
- Cross country oil & gas pipeline project in India of Rs. 225 Crores

Manish Mohnot, MD & CEO, KPIL, said, "We are pleased with the consistent order inflows in our T&D business. The new orders in the T&D business have strengthened our order book and improved our market position in the international markets. The Oil & Gas business continues to strengthen its order book with a new order from a very reputed client. These orders will significantly contribute towards our targeted growth going forward."

Shares of Kalpataru Power Transmission Limited was last trading in BSE at Rs. 619.95 as compared to the previous close of Rs. 601.40. The total number of shares traded during the day was 72889 in over 3306 trades.

The stock hit an intraday high of Rs. 650.15 and intraday low of 614.30. The net turnover during the day was Rs. 45783350.00.

Source : Equity Bulls

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