KALPATARU POWER TRANSMISSION LTD
LIVE STOCK PRICE – CLICK HERE FOR MORE
BSE 218.2513.40 (6.54%)
NSE 218.3013.25 (6.46%)
Kalpataru Power Transmission gains on Rs 781 crore new ordersHigh-tech system for power transmission soonKalpataru Power gains on acquiring Alipurduar TransmissionOdisha Power Transmission Project gets tepid responseCompetition reason for congestion in transmission: IS Jha
The order includes turnkey transmission line project of 765 KV Vemagiri-Chilakaluripeta of about Rs 778 crore from Powergrid Southern Interconnector Transmission System Ltd, a wholly-owned subsidiary of Power Grid Corporation.
Also an order is for a transmission line supply project for Gadarwara-Warora Transmission Line Project of about Rs 353 crore from Powergrid Warora Transmission Ltd, Kalpataru Power Transmission said in a statement.
The company has secured orders in excess of Rs 7,450 crore in 2015-16 with around 55% contribution from domestic transmission business, 10% from domestic infrastructure business and balance from international markets, it added.
At 09:42 AM, the stock was up 8% to Rs 221 on the BSE as compared to 0.39% decline in the S&P BSE Sensex. A combined 440,578 shares changed hands on the counter on the BSE and NSE.