Kalpataru Power firms up after winning orders

Kalpataru Power Transmission rose 1% to Rs 329.50 at 10:30 IST on BSE after the company said it received new orders of Rs 1,145 crore.

Meanwhile, the S&P BSE Sensex was down 121.06 points, or 0.33% to 36,106.08.

On the BSE, 6960 shares were traded in the counter so far compared with average daily volumes of 6359 shares in the past two weeks. The stock had hit a high of Rs 345 and a low of Rs 326.20 so far during the day.

Kalpataru Power Transmission (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders/notification of award of Rs 1,145 crore.

KPTL is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution. The company is currently executing several contracts in India, Africa, Middle East, CIS, SAARC and Far East.

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