The shares of Kalpataru Power Transmission has risen around 4% intraday on 30th September after the company has won the order worth INR 775 crore. The company & its subsidiary have bagged new orders and notification of award in T&D (Transmission and Distribution) business from private clients and government too.

Manish Mohnot – Kalpataru Power Managing Director & CEO said on winning the project that we’re happy with such new orders in our T&D business. These bagged orders will help our team to strengthen our order book, especially in India & Bangladesh.

He further added, “our order inflows in this fiscal year have crossed INR 4,300 cr.” This is a good sign for the company to invest in a large scale and get maximum revenue through the investment.

The share price tough its 52 week high of INR 553.50 and 52-week low of INR 268.50 on July 1, 2019, & October 29, 2018, respectively.

At 03:59 PM, 30 September 2019, the share price was quoting INR 490.65 up INR 15.60 or 3.28%.