Kalpataru Power gains after securing orders

Kalpataru Power Transmission rose 1.95% to Rs 337.35 at 9:46 IST on BSE after the company said it has secured new orders worth Rs 676 crore.

The announcement was made after market hours on Friday, 30 June 2017.

Meanwhile, the S&P BSE Sensex was up 115.94 points, or 0.37% at 31,037.55. The S&P BSE Mid-Cap index was up 55.71 points, or 0.38% at 14,700.19.

On the BSE, 2,226 shares were traded on the counter so far as against the average daily volumes of 16,917 shares in the past one quarter. The stock had hit a high of Rs 339 and a low of Rs 334 so far during the day. The stock had hit a 52-week high of Rs 367 on 9 May 2017 and a 52-week low of Rs 208 on 9 November 2016.

The stock had underperformed the market over the past one month till 30 June 2017, declining 1.97% compared with the Sensex’s 0.76% fall. The scrip had, however, outperformed the market over the past one quarter advancing 3.63% as against the Sensex’s 4.3% rise. The scrip had also outperformed the market over the past one year advancing 28.96% as against the Sensex’s 14.53% rise.

The mid-cap company has equity capital of Rs 30.69 crore. Face value per share is Rs 2.

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