Dolat Capital's research report on Kalpataru Power Transmission
KTPL has laid out a three- pronged strategy of disciplined bidding to protect margins, improve WC and liquidate non-core assets. It is targeting becoming debt free in FY21, mainly from proceeds from selling transmission assets. Similar to KEC, it has also diversified with rail and oil & gas as key areas.
Outlook
In international markets, it has recently increased its presence in Europe and has identified Latin America as the future market.
For all recommendations report, click here
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