Kalpataru Power bags orders worth Rs 1,560 cr from India, Africa and CIS, Shares up 6%

share price of Kalpataru Power Transmission Limited

The share price of Kalpataru Power Transmission Limited, one of India’s largest global power transmission and infrastructure players, was trading above 6% this morning.

This is because the company has received new orders worth 1560 crores. Involved in the business of power transmission, this company has received orders from India, Africa, the Commonwealth of Independent States (CIS), and South America.

The international subsidiary of the same company also secured new power transmission projects in Europe.

The company’s net profit YOY was reduced by 42.36% in the quarter ended September 2021. There was an increase of 17.05% in the sales YOY ​​of the company.

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