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Kalpataru Power Transmission gains on bagging orders worth Rs 1,235 crore

29 Jun 2018 Evaluate

Kalpataru Power Transmission is currently trading at Rs. 397.00, up by 8.60 points or 2.41% from its previous closing of Rs. 388.40 on the BSE.

The scrip opened at Rs. 398.05 and has touched a high and low of Rs. 404.00 and Rs. 394.05 respectively.

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. 422.25 and Rs. 384.20 respectively. The current market cap of the company is Rs. 5960.41 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 secured new orders worth Rs 1,235 crore. The first order for Railway infrastructure construction from Bangladesh Railways in a Consortium wherein KPTL’s share is Rs 553 crore and second order is for transmission line and substation in Tajikistan and India totalling Rs 346 crore.

The company has secured third order for design, supply, erection, testing & commissioning for railway electrification, signalling and associated civil works from RVNL for Rs 185 crore in a Consortium and fourth order for laying of pipeline & associated works of Rs 151 crore from Andhra Pradesh Gas Distribution Corporation.

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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