Page 4 - Kalpataru

With small-caps in action, Kalpataru Projects, Birlasoft attract investors

With the needle shifting to small-and mid-cap space, here are some stocks on fund managers' radar

Kalpataru Projects International promoters divest 6% stake for Rs 468 cr

Promoters of Kalpataru Projects International Ltd (earlier known as Kalpataru Power Transmission) on Tuesday divested 6 per cent of their stake in the firm for Rs 468 crore through open market transactions. Parag Mofatraj Munot (promoter) and two promoter group entities -- Kalpataru Constructions Pvt Ltd and Kalpataru Viniyog LLP -- offloaded 96.34 lakh shares of Kalpataru Projects International Ltd (KPIL). According to the bulk deal data available with the BSE, Munot sold 73.24 lakh shares, Kalpataru Constructions disposed of 10 lakh shares and Kalpataru Viniyog offloaded 13.10 lakh shares, amounting to a 5.9 per cent stake in KPIL. The shares were disposed of in the range of Rs 485.06-485.75 apiece, taking the transaction value to around Rs 468 crore. Post this latest transaction, the combined shareholding of the promoter and promoter group entities has reduced to 41.31 per cent from 47.24 per cent (as per March 2023) equity in KPIL. On Tuesday, shares of KPIL jumped 3.09 per ce

Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs

Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.

Embassy Group, Kalpataru tap global funds for over Rs 2,000 crore

Embassy raises Rs 1,200 crore from Bain Capital; Kalpataru Rs 850 crore from PAG

Markets entering a corridor of uncertainty; stay light: Angel Broking

Technically, the bullish structure remains intact as long as Nifty trades above 10,200-10,300

32 firms show interest in redevelopment of four railway stations

Nagpur, Gwalior, Amritsar, Sabarmati may see Rs 1,300-crore investment

HDFC Capital invests Rs 275 cr in mid-income housing project of Kalpataru

First investment by fund manager in real estate after lockdown

Kalpataru Power to sell 3 transmission assets to CLP India for Rs 3,275 cr

Kalpataru Power Transmission (KPTL) Wednesday said it has entered into binding agreements with Canada's institutional fund manager CDPQ's arm CLP India to sell its stake in 3 power transmission assets for an estimated enterprise value of Rs 3,275 crore. The company is selling stake in Kalpataru Satpura Transco Pvt Ltd (KSTPL), Alipurduar Transmission Ltd (ATL) and Kohima Mariani Transmission Ltd (KMTL) (referred jointly as SPVs), Kalpataru Power Transmission said in a BSE filing. "As a part of this deal, the transaction for ATL and KMTL will be effective post commercial operation date (COD) and fulfilment of certain conditions," the company added. Techno Electric & Engineering Company Ltd (Techno) owns 26 per cent stake in KMTL. "The sale of assets will lead to a significant reduction in KPTL's consolidated debt and will help focus on strategic diversification within core business. KPTL will continue to focus on sustainable and profitable growth with commitment to improve return ..