Business Standard

Sunday, December 22, 2024 | 11:32 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Kalpataru Power jumps 7% on securing orders worth Rs 1,560 crore

The stock had been a under-performer so far this month and quarter when compared to the BSE Sensex returns.

Power supply, China
Premium

Photo: Bloomberg

SI Reporter Mumbai
Shares of Kalpataru Power Transmission (KPTL), a leading global EPC player in the power and infrastructure contracting sector, surged 7.2 per cent in intraday trades on the BSE to a high of Rs 382 on Thursday after the company announced large order wins.

According to a release issused by the company to the BSE, the company has secured new orders worth Rs 1,560 crore. The orders are from India, Africa, CIS and South America in the power transmission business.

Further, KPTL’s international subsidiary has also secured new power transmission projects in Europe.

Commenting on the new order

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in