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HPL Electric gains on partnering with Delhi Capitals team for IPL season 2019

27 Feb 2019

HPL Electric & Power is currently trading at Rs. 50.10, up by 0.35 points or 0.70% from its previous closing of Rs. 49.75 on the BSE.

The scrip opened at Rs. 50.80 and has touched a high and low of Rs. 51.45 and Rs. 49.20 respectively. So far 2486 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 143.00 on 01-Mar-2018 and a 52 week low of Rs. 44.00 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 51.45 and Rs. 45.55 respectively. The current market cap of the company is Rs. 322.15 crore.

The promoters holding in the company stood at 72.25%, while Institutions and Non-Institutions held 6.85% and 20.90% respectively.

HPL Electric & Power has partnered with Delhi Capitals team for Indian Premier League (IPL) season-2019. The company has associated with the Delhi Capitals team as the Official LED and Switchgear Partner. As a part of its association, Delhi Capitals players will sport the company’s logo on their jersey.

This is HPL’s first partnership with the IPL team Delhi Capitals. The Company will further leverage the association by using Delhi Capitals and its team players in all communications related to LED and Switchgears. The company plans to come up with a 360 degree marketing approach to get maximum benefit around the tie-up.

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.

Related HPL Electric & Power Ltd. Links:

HPL Electric Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323