Kalpataru Power Transmission has gained over 5% to Rs 227.15 on receiving new orders worth Rs 560 crore.
The major orders include transmission line projects in Kargil and from Power Grid Corporation and a pipeline laying project from Indian Oil Corporation.
"We have gained good traction in domestic business in both transmission line and pipeline laying segments and are expecting improved order inflow from both domestic and international business in the last quarter of the year," Company's Managing Director Ranjit Singh said.
The stock opened Rs 227.20 and has hit a high of Rs 233.25 while around 13 lac shares have changed hands on BSE and NSE combined till 10:48 hrs.
