Kalpataru Power gains 2% on order wins worth Rs1,288cr

The Transmission & Distribution business has received an order worth Rs771cr, primarily in international markets.

Mar 11, 2019 08:03 IST India Infoline News Service

Kalpataru Power
Shares of Kalpataru Power Transmission (KPTL) gained 2% on Monday after the company in its press note to the exchanges informed that it has won orders worth Rs1,288cr.

Of the total, the Transmission & Distribution business has received an order worth Rs771cr, primarily in international markets. Another two projects worth Rs517cr have been received under Oil and Gas segment, the company said in a press note.
Kalpataru Power Transmission Ltd's share price is currently at Rs407.80, up by Rs8.35 or 2.09%, from its previous close of Rs399.45 on the BSE.
The scrip opened at Rs401 and has touched a high and low of Rs412.70 and Rs401, respectively. So far, 52,949 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs6,129.98cr.

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