ICICI Securities Ltd | Retail Equity Research Kalpataru Power (KPTL) is on a strong footing across business verticals. The company is well diversified across geographies and business verticals, which we believe are all at an inflection point and ensure a strong performance, going ahead, for the company. The standalone business with a backlog of | 9260 crore ensures strong revenue CAGR of 14.8% in FY17-20E. The key catalyst for strong revenue growth is the handsome scalability achieved in the infrastructure segment (railways &...