HPL Electric & Power moves up on receiving BIS certification for Smart Meters

HPL Electric & Power Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 540136 | NSE: HPL

19 Jun 2018 Evaluate

HPL Electric & Power is currently trading at Rs. 94.75, up by 0.15 points or 0.16% from its previous closing of Rs. 94.60 on the BSE.

The scrip opened at Rs. 93.50 and has touched a high and low of Rs. 95.90 and Rs. 93.05 respectively. So far 5347 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 165.00 on 30-Jan-2018 and a 52 week low of Rs. 91.75 on 05-Jun-2018.

Last one week high and low of the scrip stood at Rs. 97.00 and Rs. 93.05 respectively. The current market cap of the company is Rs. 611.50 crore.

The promoters holding in the company stood at 72.15%, while Institutions and Non-Institutions held 6.62 % and 21.23 % respectively.

HPL Electric & Power has received BIS certification for its Smart Meters under ‘IS 16444’. HPL is one of the few companies in India which has BIS certification for smart meters. The certification is a true indication of the company’s technical capabilities and an assurance of product & service quality. This is a significant milestone for the company which will enhance its market position as a technologically advanced meter supplier.

The company also bagged two tenders of meters from southern utilities for Rs 76.23 crore, and the total order book as on date for Meters stands at Rs. 474.65 crore.

HPL Electric & Power is an electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand.

HPL Electric Share Price

388.40 4.40 (1.15%)

08-May-2026 16:59 View Price Chart

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