Kalpataru Power Transmission surged 6.29% to Rs 228.90 at 9:30 IST on BSE after the company said it has secured new orders worth around Rs 560 crore.
The new orders were announced after market hours yesterday, 31 December 2014.
Meanwhile, the S&P BSE Sensex was down 83.31 points or 0.3% at 27,416.11.
On BSE, so far 1.67 lakh shares were traded in the counter as against average daily volume of 1.44 lakh shares in the past two weeks.
The stock hit a high of Rs 233.25 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 224.35 so far during the day.
Kalpataru Power Transmission (KPTL)'s net profit rose 37.8% to Rs 42.70 crore on 18.8% growth in net sales to Rs 1123.55 crore in Q2 September 2014 over Q2 September 2013.
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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 with a strong international presence in power transmission & distribution. The company is currently executing several projects in India, Africa, Middle East, Australia, North America, CIS region and Far East.
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