AgenciesYes Securities has buy call on Kalpataru Power Transmissions with a target price of Rs 530. The current market price of Kalpataru Power Transmissions Ltd. is Rs 474.55. Time period given by analyst is Intra Day when Kalpataru Power Transmissions Ltd. price can reach defined target.
Kalpataru Power Transmissions Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 7056.06 Crore) operating in Power sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 4104.00 Crore, up 16.59 % from last quarter Total Income of Rs 3520.00 Crore and up 15.93 % from last year same quarter Total Income of Rs 3540.00 Crore. Company reported net profit after tax of Rs 197.00 Crore in latest quarter.
Investment Rationale
In the prior week, the stock surpassed its hurdle zone. Positive follow up action this week indicates resumption of the uptrend.
Promoter/FII Holdings
Promoters held 54.37 per cent stake in the company as of March 31, 2020, while FIIs held 7.37 per cent, DIIs 29.17 per cent and public & others 8.71 per cent.
Kalpataru Power Transmissions Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 7056.06 Crore) operating in Power sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 4104.00 Crore, up 16.59 % from last quarter Total Income of Rs 3520.00 Crore and up 15.93 % from last year same quarter Total Income of Rs 3540.00 Crore. Company reported net profit after tax of Rs 197.00 Crore in latest quarter.
Investment Rationale
In the prior week, the stock surpassed its hurdle zone. Positive follow up action this week indicates resumption of the uptrend.
Promoter/FII Holdings
Promoters held 54.37 per cent stake in the company as of March 31, 2020, while FIIs held 7.37 per cent, DIIs 29.17 per cent and public & others 8.71 per cent.
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