KPTL rises over 5%

Kalpataru Power Transmission Ltd (KPTL) announced today morning that it has got a total of five orders worth Rs.875 crore. Two orders totaling Rs 278 crore are for design, supply and construction of transmission lines in India. Three orders totaling Rs 597 crore are for design, supply and construction of transmission lines in Afghanistan, Ivory Coast and Bangladesh.

The company has received orders of Rs 5,900 crore till date in the current financial year. The current orders are in the core transmission business including an order from a private client in India.

KPTL is a 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 contracts in India, Africa, Middle East, CIS, SAARC and Far East.

The stock price of KPTL rose over 5% to Rs.461.35, which is just 2.5% lower than its 52-week high of Rs.473.60.