Kalpataru Power Transmission lost 1.12% to Rs 79.50 at 11:23 IST on BSE, with the stock sliding on profit booking after 4-day 6.41% rally.
Meanwhile, the S&P BSE Sensex was up 219.06 points or 1.19% at 18,576.86.
On BSE, 4,014 shares were traded in the counter as against average daily volume of 40,342 shares over the past one quarter.
The stock hit a high of Rs 82.95 and a low of Rs 77.50 so far during the day. The stock had hit a 52-week high of Rs 106.40 on 18 April 2012. The stock had hit a 52-week low of Rs 64.15 on 31 August 2012.
The stock had outperformed the market over the past one month till 15 April 2013, sliding 0.74% compared with the Sensex's 5.51% fall. The scrip had, however, underperformed the market in past one quarter, sliding 18.25% as against Sensex's 8.15% fall.
The company has equity capital of Rs 30.69 crore. Face value per share is Rs 2.
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Shares of Kalpataru Power Transmission (KPTL) had surged 6.41% in four trading sessions to settle at Rs 80.40 on Monday, 15 April 2013, from a recent low of Rs 75.55 on 9 April 2013.
KPTL during trading hours on Monday, 15 April 2013 said that its subsidiary -- Shree Shubham Logistics (SSLL) -- has signed an agreement with Tano India Private Equity Fund II to raise Rs 80 crore to fund its capacity expansion plan. The stock had surged 3.07% to settle at Rs 80.40 on Monday, 15 April 2013.
SSLL is one of the leading organized service providers in the agri logistics space. SSLL operates on unique combination of owned and managed warehouses. Currently SSLL is operating and managing 90 warehouses (owned & leased) with storage capacity of around 11 lakh metric tonnes and total floor plate area of around 6 million square feet in Rajasthan, Gujarat, and Madhya Pradesh. The company intends to expand this capacity to 1.5 million metric tonnes by end of this year and to nearly 2 million metric tonnes over the next two to three years with a pan India presence.
KPTL's net profit declined 12.8% to Rs 35.13 crore on 11.2% growth in net sales to Rs 878.66 crore in Q3 December 2012 over Q3 December 2011.
Kalpataru Power Transmission (KPTL) is a specialized engineering, procurement and construction (EPC) company engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution. The company is currently executing several projects in India, Africa, the Middle East, Australia, North America, and Far East.
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