Kalpataru Power Tranmission (KPTL) shares gained as much as 4.6 per cent on Friday after the company informed stock exchanges that it has bagged new order worth Rs 880 crore in both domestic and international markets. (Photo: PTI)
Kalpataru Power Tranmission (KPTL) shares gained as much as 4.6 per cent on Friday after the company informed stock exchanges that it has bagged new order worth Rs 880 crore in both domestic and international markets.
At 1.14 pm, the scrip was trading 0.87 per cent higher at Rs 254.50. It opened at Rs 252.50 and had touched a high and low of Rs 267 and 252.50, in trade so far.
In a BSE filing, the KPTL said, “The company secured five transmission line projects together valued at Rs 465 crore in Tanzania, Ukraine, Thailand, Tajikistan and Ethiopia.”
It also won a turnkey contract for 400-kv transmission line of approximately Rs 342 crore from Karnataka Power Transmission Corporation.
KPTL has also won a Rs 75 crore pipeline laying project from GAIL.
For the quarter ended June 2015, the company reported net profit of Rs 48.41 crore, up 15.65 per cent, against Rs 41.86 crore in the corresponding quarter a year ago.
KPTL is a leading EPC player engaged in diverse segments, including power transmission and distribution.
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