Kalpataru Power Transmission share rises 4.6% as firm secures Rs 900-cr order
The stock price of KPTL opened higher at Rs 312.50, also its day s low and later gained 4.61% to the day s high of Rs 322.15 on BSE, against the last close of Rs 307.95
BusinessToday.In | December 30, 2020 | Updated 16:13 IST
KPTL stock is trading higher than 5, 50, 100 and 200-day moving averages but lower than 20-day moving averages
Shares of Kalpataru Power Transmission Ltd were trading 4.6% higher on Wednesday morning after the company said it has secured new orders in the domestic and overseas market of about Rs 900 crore.
The stock price of KPTL opened higher at Rs 312.50, also its day s low and later gained 4.61% to the day s high of Rs 322.15 on BSE, against the last close of Rs 307.95.
Kalpataru Power Transmission Limited receives new orders of approx. Rs. 900 crores
Posted On: 2020-12-29 21:54:21 (Time Zone: Arizona, USA)
Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders / notification of award of about Rs.900 Crores. The details are as follows:
- Order in the T&D business from overseas market
- EPC orders for pipeline laying and associated works in India
Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said We are happy with the new order wins in our T&D and Oil & Gas business. Our current year order inflow is in excess of Rs.5,400 Crores and we are favourably placed in projects of over Rs.2,000 Crores. We are on track to achieve our targeted numbers for the financial year 2020-21.
KPTL - New orders of Rs. 1300 crore - Angel Broking
Posted On:
Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders of award of about Rs.1,300cr. The order book comprises segments like T&D business, EPC orders for pipeline laying and railway electrification. KPTL s current order book stands at around Rs13,000cr. This is a positive development for the company which would support revenue growth for FY22.
Shares of KALPATARU POWER TRANSMISSION LTD. was last trading in BSE at Rs.319.3 as compared to the previous close of Rs. 315.25. The total number of shares traded during the day was 55510 in over 1494 trades.
Kalpataru Power Transmission Ltd receives orders of Rs. 1,300 crores
Posted On: 2020-12-15 01:30:13 (Time Zone: Arizona, USA)
Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders / notification of award of about Rs.1,300 Crores. The details are as follows:
- Orders from India and overseas market in the T&D business
- EPC orders for pipeline laying and associated works in India
- Order for railway electrification by Central Organization for Railway Electrification (CORE)
- KPTL s international subsidiary has secured new T&D projects in Europe
Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said We are delighted with the new order wins in all our businesses. Our current year order inflow is in excess of Rs.4,500 Crores and we are favourably placed in projects of over Rs.3,000 Crores. We continue to be on track to achieve order inflows