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Kalpataru Power Transmission surges on getting nod to raise funds up to Rs 300 crore

28 May 2018 Evaluate

Kalpataru Power Transmission is currently trading at Rs. 467.75, up by 9.10 points or 1.98% from its previous closing of Rs. 458.65 on the BSE.

The scrip opened at Rs. 466.00 and has touched a high and low of Rs. 474.00 and Rs. 461.20 respectively. So far 2950 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 535.95 on 12-Jan-2018 and a 52 week low of Rs. 322.60 on 30-Jun-2017.

Last one week high and low of the scrip stood at Rs. 474.05 and Rs. 433.45 respectively. The current market cap of the company is Rs. 7149.73 crore.

The promoters holding in the company stood at 59.32%, while Institutions and Non-Institutions held 27.46% and 13.22% respectively.

Kalpataru Power Transmission has received an approval for issuance of secured/unsecured redeemable Non-Convertible Debentures up to Rs 300 crore by the company in one or more tranches. The Board of Directors of the company at their meeting held on May 25, 2018, approved the same.

Kalpataru Power Transmission is one of the largest and fastest growing 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.

Peers
Company Name CMP
Larsen & Toubro 3850.00
Kalpataru Projects 1375.25
NCC 137.30
Rail Vikas Nigam 198.90
KEC International 406.80
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