For Quick Alerts
For Daily Alerts

Kalpataru Power Gains 6 Per cent On Bagging Orders Worth Rs 1,150 Crore

By Super

Mumbai, Apr 25 (PTI) Shares of engineering firm Kalpataru Power Transmission Ltd (KPTL) today surged over 6 per cent after the company bagged new orders of over Rs 1,150 crore in domestic and overseas markets.

Buoyed by the news, shares of the company jumped 6.15 per cent to Rs 226 on BSE. At NSE, it soared 6 per cent to Rs 226.90.

Kalpataru Power Gains 6 Per cent On Bagging Orders Worth Rs 1,150 Crore
Kalpataru Power Transmissions: Quotes, News
BSE 514.45BSE Quote3.2 (0.62%)
NSE 511.50NSE Quote0.9 (0.18%)

"KPTL... has secured new orders/notification of award in excess of Rs 1,150 crore," the company said in a BSE filing today.

Detailing on the projects, the company said it has bagged a Rs 930-crore project for construction and supply of 225 kv and 90 kv overhead transmission lines in West Africa.

"The project has been awarded to KPTL and its wholly-owned subsidiary Kalpataru Power DMCC and will be delivered by respective entities," it added.

The second order is construction of 220 kv and 132 kv sub-stations, transmission lines and feeder bay work of Rs 220 crore from Madhya Pradesh Power Transmission Company.


Read more about: kalpataru power
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more