Kalpataru Power Transmission is currently trading at Rs. 365.95, up by 3.05 points or 0.84% from its previous closing of Rs. 362.90 on the BSE.
The scrip opened at Rs. 369.85 and has touched a high and low of Rs. 371.80 and Rs. 358.30 respectively. So far 11013 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 462.35 on 11-Feb-2020 and a 52 week low of Rs. 170.00 on 27-Mar-2020.
Last one week high and low of the scrip stood at Rs. 371.80 and Rs. 309.30 respectively. The current market cap of the company is Rs. 5397.96 crore.
The promoters holding in the company stood at 56.49%, while Institutions and Non-Institutions held 32.91% and 10.60% respectively.
Kalpataru Power Transmission’s (KPTL) wholly owned subsidiary in Brazil namely Kalpataru Power DO Brasil Participacoes has signed definitive agreement to acquire controlling stake of 51% in Fasttel Engenharia, Brazil (Fasttel) for $8.80 Million, subject to customary adjustments.
The acquisition of Fasttel is in line with KPTL’s strategy to strengthen its core EPC business and have greater geographical presence in stable and growing markets. The transaction is likely to close by end of Q1FY22.
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.
