This civil construction company bags order worth Rs 2,456 crore!
The stock has gained more than 30 per cent in the last 6 months.
On 2nd February 2023, Kalpataru Power Transmission Limited informed in the exchange filing that Kalpataru Power Transmission Limited (KPTL) & its international subsidiaries have secured new orders of Rs 2,456 crore. The first order is for residential and commercial building construction projects in India of Rs 1,427 crore. The second order is from India and overseas markets in the T&D business of Rs 498 crore. The third order is for a railway project in India of Rs 299 crore. The fourth order is for an oil & gas pipeline project in India of Rs 232 crore.
Kalpataru Power Transmission is engaged in the business of power transmission and distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission & distribution.
Today, the stock opened at Rs 510.00, with a high and low of Rs 511.20 and Rs 492.00. The stock closed trading at Rs 504.50 down by 2.06 per cent.
In the last 6 months, the shares of the company have given more than 30 per cent returns and on a YTD basis, the stock has given about -10 per cent returns.
The stock has a 52-week high of Rs 591.10 and a 52-week low of Rs 332.30. The company has a ROCE of 13.4 per cent and an ROE of 9.67 per cent with a market capitalisation of Rs 8195 crore.