Kalpataru Power Transmission is currently trading at Rs. 547.00, up by 15.20 points or 2.86% from its previous closing of Rs. 531.80 on the BSE.
The scrip opened at Rs. 549.00 and has touched a high and low of Rs. 551.40 and Rs. 543.95 respectively. So far 3085 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 553.50 on 01-Jul-2019 and a 52 week low of Rs. 268.50 on 29-Oct-2018.
Last one week high and low of the scrip stood at Rs. 553.50 and Rs. 515.55 respectively. The current market cap of the company is Rs. 8161.03 crore.
The promoters holding in the company stood at 59.32%, while Institutions and Non-Institutions held 29.64% and 11.04% respectively.
Kalpataru Power Transmission (KPTL) has entered into binding agreements with CLP India to sell its stake in 3 power transmission assets namely, Kalpataru Satpura Transco (KSTPL), Alipurduar Transmission (ATL) and Kohima Mariani Transmission (KMTL), for an estimated enterprise value of Rs 3,275 crore.
As a part of this deal, the transaction for ATL and KMTL will be effective post Commercial Operation Date (COD) and fulfilment of certain conditions. Techno Electric & Engineering Company (Techno) owns 26% stake in KMTL.
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.
