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HPL Electric & Power is currently trading at Rs. 84.95, up by 4.40 points or 5.46% from its previous closing of Rs. 80.55 on the BSE.

The scrip opened at Rs. 80.05 and has touched a high and low of Rs. 88.25 and Rs. 80.05 respectively. So far 57081 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 115.50 on 01-Dec-2022 and a 52 week low of Rs. 50.80 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 88.30 and Rs. 80.05 respectively. The current market cap of the company is Rs. 549.77 crore.

The promoters holding in the company stood at 72.66%, while Institutions and Non-Institutions held 1.25% and 26.09% respectively.

HPL Electric and Power (HPL) has won a smart meter order worth Rs 409.10 crore from an institutional customer in west India. With this order win, HPL has further strengthened its position as a prominent smart meter solution provider in the Indian market. HPL's leadership position in the market and the consumer's faith in its product portfolio have been key factors in winning this order, as HPL distinguished itself amongst considerable market competition. 

This order win signifies a positive outlook for HPL Electric and Power, indicating sustainability and growth in the long term. The Company’s execution of orders has consistently increased during the last two quarters while being at the forefront of the government scheme rollout for smart metering. HPL's smart meter solutions have been widely recognized for their reliability and quality, and the company is well-positioned to continue leading the market in the smart meter segment.

HPL Electric and Power is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including metering solutions, switchgear, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry.