Kalpataru Power Rises More Than 1% After Bagging A Deal From GAIL

The stock of Kalpataru Power rose more than 1% on BSE after the company reportedly bagged an order from GAIL for the construction of 131 km pipeline worth Rs 200 crores, as reported a national news channel.

The stock of the company is trading at Rs 356 per share, up by 1.1% at 10:37 AM IST on BSE. The stock hit a high of Rs 360 and a low of Rs 352.80 so far during the day. The stock did not witness much of trading activity in the morning hours.

Kalpataru Power Transmission Limited is an engineering, procurement and construction (EPC) contracting company. The Company manufactures metal frameworks or skeletons for construction and parts, such as towers, masts, trusses and bridges. Its segments include transmission & distribution, infrastructure EPC and others.

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About Suhani Varma