Kalpataru Power Transmission secures new orders

Kalpataru Power Transmission (KPTL) informed the bourses that it has received new orders for Transmission & Distribution business and railway infrastructure construction on Wednesday. The order size amounts to Rs. 1,322 crore.

The company has secured orders amounting to Rs. 943 crore under Transmission & Distribution business in India, Bangladesh, Abu Dhabi and Peru. Further, it has secured orders worth Rs. 379 crore for railway infrastructure construction.

The standalone order book as on September 30, 2018 stood at Rs.14,179 crore and order inflows YTD FY19 came in at Rs. 4,743 crores.

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.

On Wednesday, the stock opened at Rs. 354.20 per share and made an intraday high of Rs. 367. At 12:53 hours, the stock was trading at around Rs. 360.65 per share on the BSE.