Kalpataru Projects hits new high

Kalpataru Projects is among the top three gainers on the BSE since the opening bell today; the stock opened 3% higher at Rs.1206 and rose further to a new 52-week high at Rs.1297.95, up 11%.

The stock price rose on the back of new orders worth Rs.2071 crore.

This new order includes orders in Transmission & Distribution (T&D) business in Brazil and also an order for design & construction of an underground metro rail project in India.