HSBC Indian Equity Mother Fund has bought 17.18 lakh shares of Kalpataru Power Transmission through the open market route. The shares were purchased on an average price of Rs 248.25 valuing the transaction to Rs 42.67 crore. On the other hand, Morgan Stanley Asia (Singapore) and Morgan Stanley Mauritius Company have sold 9.29 lakh shares and 9.93 lakh shares respectively of Kalpataru Power Transmission at Rs 248.25 through the open market route.
Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission and distribution, oil and gas pipeline, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.
