HPL Electric & Power rises on partnering with Wirepas
HPL Electric & Power is currently trading at Rs. 401.60, up by 4.25 points or 1.07% from its previous closing of Rs. 397.35 on the BSE.
The scrip opened at Rs. 396.50 and has touched a high and low of Rs. 401.70 and Rs. 383.25 respectively. So far 10357 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 694.30 on 22-Aug-2024 and a 52 week low of Rs. 275.20 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 417.40 and Rs. 360.85 respectively. The current market cap of the company is Rs. 2580.06 crore.
The promoters holding in the company stood at 72.66%, while Institutions and Non-Institutions held 0.81% and 26.54% respectively.
HPL Electric & Power (HPL) and Wirepas have partnered to showcase a comprehensive end-to-end smart electricity metering solution, specifically designed to meet India's demanding requirements for Advanced Metering Infrastructure for Electricity metering.
The live demonstration at Elecrama in Noida, India (February 22-26, 2025), will feature market's first 'In-meter gateway' embedded in HPL's Smart meter along with Wirepas Mesh Sub-GHz connectivity and Network Management System (NMS) with an RF adapter, seamlessly connecting to the HPL's Head-end system (HES). This fully integrated solution ensures reliable, scalable, and cost-effective connectivity, offering an SLA upto 99.9%.
HPL Electric & 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.
