Comments
Shares of Kalpataru Power Transmission Ltd rose over 3 per cent today after the company bagged new orders worth Rs 1,200 crore.
After making a positive opening, shares of the company further gained 3.39 per cent to Rs 319.90 — its 52-week high — on the BSE.
On the NSE, shares of the company went up by 3 per cent to touch a one-year high of Rs 319.70.
These orders include a Rs 402-crore transmission line turnkey project by Transmission Corporation of Telangana Ltd (TSTRANSCO), the company had said in a statement yesterday.
The company has bagged a Rs 336-crore transmission line turnkey project in Abu Dhabi, it said.
Besides, a joint venture consortium of KPTL, JMC and STS has bagged a Rs 464-crore railway infrastructure construction project in Hyderabad (Telangana) for Railways Vikas Nigam Ltd (RVNL).
KPTL is an EPC firm engaged in power transmission and distribution, oil and gas pipeline, railways, infrastructure development, civil contracting and warehousing and logistics business.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.