Kalpataru Power Transmission unit achieves 51% stake in Fasttel
Thu, Apr 8, 2021 11:36 AM

Kalpataru Power Transmission unit achieves 51% stake in Fasttel

Get it on Google Play
Kalpataru Power Transmission (KPTL), on Thursday, confirmed its unit Kalpataru Power Do Brasil Participacoes, Brazil, has completed the acquisition of 51% stake in Fasttel along with management control on April 7, 2021. Earlier in February KPTL had informed BSE of the indicative time period for the closing of the acquisition of Fasttel Engenharia, a Brazilian EPC Company (Fasttel).

More great flips

APL Apollo Tubes Q4 PAT may increase 72.2% YoY to Rs 98 cr: Sharekhan

APL Apollo Tubes Q4 PAT may increase 72.2% YoY to Rs 98 cr: Sharekhan

Sharekhan has worked out its Q4 (January-March’ 21) earnings estimates for the Building Materials sector. The brokerage house expects APL Apollo Tubes to report net profit at Rs 98 crore up 72.2% year-on-year (down 25.9% quarter-on-quarter). Net Sales are expected to increase by 26.7% Y-o-Y (down 8% Q-o-Q) to Rs 2,393 crore, according to Sharekhan.

Open Flip
Greenlam Industries Q4 PAT may increase 20% YoY to Rs 26 cr: Sharekhan

Greenlam Industries Q4 PAT may increase 20% YoY to Rs 26 cr: Sharekhan

Sharekhan has worked out its Q4 (January-March’ 21) earnings estimates for the Building Materials sector. The brokerage house expects Greenlam Industries to report net profit at Rs 26 crore up 20% year-on-year (down 18.5% quarter-on-quarter). Net Sales are expected to increase by 6% Y-o-Y (up 2.7% Q-o-Q) to Rs 344 crore, according to Sharekhan.

Open Flip
Century Plyboards Q4 PAT may increase 74.7% YoY to Rs 76 cr: Sharekhan

Century Plyboards Q4 PAT may increase 74.7% YoY to Rs 76 cr: Sharekhan

Sharekhan has worked out its Q4 (January-March’ 21) earnings estimates for the Building Materials sector. The brokerage house expects Century Plyboards to report net profit at Rs 76 crore up 74.7% year-on-year (down 1.4% quarter-on-quarter). Net Sales are expected to increase by 26.4% Y-o-Y (up 1.2% Q-o-Q) to Rs 662 crore, according to Sharekhan.

Open Flip

Join our Smart Investment Community

More than 100,000 users are using FlipItNews to stay updated about the business and finance world! Join FlipItNews now and take smart investment decisions!
Icon