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HPL Electric issues Commercial Papers worth Rs 60 crore

24 Apr 2019 Evaluate

HPL Electric & Power has issued Commercial Papers (CPs) of Rs 60 crore on April 24, 2019 for 90 days and having maturity date on July 23, 2019. The CPs has a coupon rate of 8.85% per annum.

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.

Peers
Company Name CMP
Waaree Energies 2320.10
Apar Industries 17979.50
Havells India 1038.60
Suzlon Energy 37.58
Siemens 3600.00
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