Kalpataru Power surges on expansion of manufacturing capacity at Raipur
05th March 2013 01:18 PM
Kalpataru Power Transmission (KPTL), a leading global EPC player in power and infrastructure contracting sector, surged on Tuesday after it expanded its manufacturing capacity to over 160,000 MT's by commencing commercial operations of latest plat at Raipur, Chhattisgarh.
The new plant has annual installed capacity of 55,000 Mt's of both fabrication and galvanizing process. After commissioning of the new plant, KPTL would have largest tower manufacturing capacities in the country. Shares ofthe companyare trading at Rs 74.50, up Rs 2.9, or 4.05% at the Bombay Stock Exchange (BSE) on Tuesday at 12:36 p.m.The scrip has touched an intra-day high of Rs 74.70 and low of Rs 72.00. The total volume of shares traded at the BSE is 3,858.In the earlier session, the shares declined 2.32%, or Rs 1.7, at Rs 71.60. Currently, the stock is trading down 37.13% from its 52-week high of Rs 118.50 and above 16.13% over the 52-week low of Rs 64.15.Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 76.25 (4.65) (6.10) 1 Month 92.95 (21.35) (22.97) 3 Months 85.95 (14.35) (16.70) 6 Months 64.75 6.85 10.58 1 Year 102.35 (30.75) (30.04) Note: Based on previous day closing price.
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