Wednesday 29 April 2015

Kalpataru Power surges 4% after winning new orders

Kalpataru Power said that it has secured new orders worth around Rs. 756 crore. 

Kalpataru Power Transmission
Kalpataru Power Transmission (KPTL) is trading on a strong note in early morning deals on the BSE, on the back of winning new orders.

According to a release issued by the company to the BSE, Kalpataru Power a leading global EPC player in the power & infrastructure contracting sector yesterday said that it has secured new orders worth around Rs. 756 crore.

The stock has rallied to a high at Rs. 240, and is now up over 3.5 percent at Rs. 237.

The counter has seen trades of around 17,000 shares as against the daily average volume of 180,000 shares in the past two weeks.

Meanwhile, the BSE Sensex is only down 12 points at 27,408

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