Kalpataru Power Transmission (KPTL) shares jumped on Tuesday after it has secured new orders worth Rs 7 billion.

The company received first order for supply and erection of 765KV D/C Solapur - Aurangabad transmission line of 140 km worth over Rs 3.50 billion from PGCIL. It bagged second order for supply of transmission towers worth Rs 1.34 billion in Saudi Arabia and Ethiopia. It also bagged various orders in infrastructure division of around 1.88 billion.

Shares of the company are trading at Rs 98.90, up Rs 3.3, or 3.45% at the Bombay Stock Exchange (BSE) on Tuesday at 9:44 a.m.

The scrip has touched an intra-day high of Rs 102.75 and low of Rs 98.50. The total volume of shares traded at the BSE is 125,053.

In the earlier session, the shares declined 2.25%, or Rs 2.2, at Rs 95.60.

Currently, the stock is trading down 1.79% from its 52-week high of Rs 100.70 and above 76.61% over the 52-week low of Rs 56.