/ Kalpataru Power Transmission To Ramp Up Business To Offset Slowdown ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 16 March 2017

Kalpataru Power Transmission to offset the slowdown in domestic orders the company is scaling up its business in the pipeline and railways-related jobs.

The company so far for the power sector enjoyed a strong foothold in engineering jobs. A growth of 15-20% is expected with operating margins of nearly 11% in the current fiscal to March and in the next year 2017-18.

The company has moved much better in the international markets as compared to in India, but are expecting changes in the March and early quarter of 2017-18.

As on December, the order book of the company stood at Rs 8300 crore, with 55% international orders and 33% domestic power transmission jobs, while pipeline and railway sectors jobs were at 12%. Currently, the company under the public-private partnership model is executing two projects.

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