Kalpataru Power Transmission has surged 6% to Rs 82.90 in early morning deals on BSE after the company said it has received orders worth of over Rs 1,000 crore. The orders involve projects in Egypt, Rwanda and D.R.Congo.
“The company received order worth of Rs 630 crore for execution of Suez Gulf/Samalaut 500 KV D/C over-head transmission line in Egypt,” Kalpataru Power Transmission said in a statement.
The company also received order for supply and installation of 220 KV transmission systems amounting of Rs 246 crore in, Rwanda and D.R.Congo and installation of cross-country pipeline worth Rs 131 crore from state-owned company HPCL, it added.
The stock opened at Rs 82.70 and hit a high of Rs 83.40 so far. A combined around 50,000 shares have changed hands till 0920 hours on BSE and NSE.
“The company received order worth of Rs 630 crore for execution of Suez Gulf/Samalaut 500 KV D/C over-head transmission line in Egypt,” Kalpataru Power Transmission said in a statement.
The company also received order for supply and installation of 220 KV transmission systems amounting of Rs 246 crore in, Rwanda and D.R.Congo and installation of cross-country pipeline worth Rs 131 crore from state-owned company HPCL, it added.
The stock opened at Rs 82.70 and hit a high of Rs 83.40 so far. A combined around 50,000 shares have changed hands till 0920 hours on BSE and NSE.