Wednesday, 23 March 2016

Kalpataru Power zooms 8% on order win

The company has received new orders of over Rs. 1,320 Crore.

Kalpataru Power Transmission Ltd stock was higher by 8% at Rs. 221. The company has received new orders of over Rs. 1,320 Crore.

The scrip opened at Rs. 220 and has touched a high and low of Rs. 223.7 and Rs. 216.15 respectively. So far 47085(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3143.42 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 291.8 on 06-Aug-2015 and a 52 week low of Rs. 160 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 206.45 and Rs. 184.35 respectively.

The promoters holding in the company stood at 59.45 % while Institutions and Non-Institutions held 31.41 % and 9.13 % respectively.

The stock is currently trading below its 200 DMA.

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