Kalpataru Power charged up

Kalpataru Power is truly charged today. The stock is currently up 4.6% at Rs.82.10, with an intra day high at Rs.83.40. Its 52-week high is at Rs.105.40. Volumes remain robust on the counter.

The stock is in the limelight on the back of the news which the company announced yesterday post market closing. The company issued a statement saying that it has received new orders to the tune of Rs.1000 crore of which Rs.630 crore is from Egypt, Rs.246 crore is from Congo and Rs.131 crore from HPCL.  The company’s order inflow seems to be good, with total orders to the tune of Rs.2750 crore, with international orders being the major contributor.