The new orders / notification of award includes two orders totalling Rs 644 crore for design, supply and construction of 500 kV and 230 kV transmission lines in CIS and Africa region, respectively.
Shares of Kalpataru Power Transmission rose nearly 6 percent intraday Monday as company bagged orders worth Rs 1,145 crore.
The new orders / notification of award includes two orders totalling Rs 644 crore for design, supply and construction of 500 kV and 230 kV transmission lines in CIS and Africa region, respectively.
Also, a composite order for railway infrastructure construction from RVNL for Rs 502 crore in a consortium. This project is awarded in JV with JMC and EESPL.
Manish Mohnot, Managing Director & CEO, Kalpataru Power said, "͞The new orders will help company to further strengthen its presence in CIS and African geographies and sets a solid base for growth in our international business."
The order in our railway business highlights our commitment to establish KPTL as a leading Railway EPC player. We are confident of meeting our guidance for financial year 2018-19,"he added.
At 09:42 hrs Kalpataru Power Transmission was quoting at Rs 333, up Rs 6.75, or 2.07 percent on the BSE.
Best services for customers with full technical support make your Financial Trading more easy click here to subscribe us for free >>Nifty Future Tips and Ripples Advisory
No comments:
Post a Comment