Kalpataru Power Transmission Limited (KPTL) and its subsidiary have received fresh orders worth Rs 4,474 crore. Energy and infrastructure company KPTL said in a statement that it and its subsidiary have received fresh orders worth Rs 4,474 crore. These include orders worth Rs 1,957 crore from India and international markets for power transmission business, oil and gas pipeline projects worth Rs 169 crore from India and Middle East.
What did the company say?
The company said its subsidiary JMC has received water supply projects worth Rs 2,193 crore in India and other projects worth Rs 155 crore in South India. KPTL Managing Director and CEO Manish Mohnot said, “These new orders will help us to consolidate our position in high growth businesses.”
Also read- 558% thatched return in 38 days, this share increased from Rs 1 to ₹ 8, made 1 lakh ₹ 6.57 lakh
share prices soared
Let us inform that today the shares of KPTL are trading at 345.45, up by 1.38%, up by 4.70 on BSE. The stock has been under selling pressure so far this year and has seen a fall of 8.15%.