New Delhi, Apr 12: Kalpataru Power Transmission arm JMC Projects has won new orders worth Rs 1,262 crore. "Kalpataru Power Transmission Projects arm JMC
Profit taking may sink Nifty 200 points at open
March 04, 2021
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Most Asian-Pacific markets slumped in excess of 1% in early trade on Thursday while US stocks declined overnight
After gaining sharply in the last three days, Indian markets are likely to witness profit booking on Thursday. Clues from SGX Nifty and global markets too indicate a cooling-off of the bull party. SGX Nifty is currently ruling at 15,074, down about 220 points, against Nifty futures, which closed at 15,298.65 on Wednesday.
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Leading EPC Firm Kalpataru Secures New Orders Worth Rs 1,554 Crore In Power Transmission Sector
Representative image (Indranil Bhoumik/Mint via Getty Images)
Kalpataru Power Transmission Limited (KPTL), a leading Engineering, Procurement and Construction (EPC) player in the power and infrastructure contracting sector has secured new orders worth Rs 1,554 crores.
âWe are delighted with the new order wins in our power transmission business. These new order wins help us to strengthen our power transmission order book in India and overseas markets. Our current year order inflow has reached around Rs 8,000 Crores and additionally we have good visibility across all our businesses. Our order book visibility with low debt gives us confidence of growth from long-term perspective,â Manish Mohnot, Managing Director and CEO of KPTL said.