Kalpataru Power advances after good Q2 result

Kalpataru Power Transmission rose 3.65% to Rs 392 at 12:35 IST on BSE after net profit rose 23.66% to Rs 71.49 crore on 9.45% rise in total income to Rs 1237.52 crore in Q2 September 2017 over Q2 September 2016.

The result was announced after market hours yesterday, 13 November 2017.

Meanwhile, the S&P BSE Sensex was down 91.93 points, or 0.28% at 32,941.63. The S&P BSE Mid-Cap index was down 49.45 points, or 0.3% at 16,481.52.

On the BSE, 6,964 shares were traded on the counter so far as against the average daily volumes of 21,388 shares in the past one quarter. The stock had hit a high of Rs 392.40 and a low of Rs 381 so far during the day. The stock had hit a record high of Rs 417.50 on 6 November 2017. The stock had hit 52-week low of Rs 208 on 9 November 2016.

 

The mid-cap company has equity capital of Rs 30.69 crore. Face value per share is Rs 2.

Kalpataru Power Transmission is an engineering, procurement and construction (EPC) contracting company with a diversified portfolio in power transmission & distribution, cross country pipeline, oil & gas field surface facilities, civil infrastructure projects, power generation (biomass) as well as railway projects.

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