Shares of Kalpataru Power (KPTL) advanced as much as 5 per cent in early trade on Wednesday after the company informed bourses that it has secured new order worth Rs 875 crore.

The company got two orders totaling Rs 278 crore for design, supply and construction of transmission lines in India and three other orders worth Rs 597 crore for design, supply and construction of transmission lines in Afghanistan, Ivory Coast and Bangladesh.

Commenting on the new order announcements, Manish Mohnot, Managing Director & CEO, KPTL in a release said "We have received orders of Rs 5,900 crores till date in the current financial year. The current orders are in the core transmission business including an order from a private client in India. We have added one more country to our international operations which will help us further strengthen our presence in the African market."

The scrip was trading 3.38 per cent up at Rs 453.95 at around 9.41 am (IST). Shares of the company opened at Rs 449 and touched a high and low 461.35 and Rs 449, respectively, in trade so far. Benchmark BSE Sensex was down 8 points, or 0.03 per cent, at 33,217 at around the same time.

On the BSE, 5737 shares were traded on the counter so far as against the average daily volumes of 17,000 shares in the past two weeks. The stock had hit a 52-week high of Rs 473.60 on November 27, 2017 and 52-week low of Rs 221 on December 23, 2016.