HPL Electric & Power gains on establishing state-of-the-art ‘R&D center for smart meters’

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

22 Oct 2020 Evaluate

HPL Electric & Power is currently trading at Rs. 29.55, up by 0.15 points or 0.51% from its previous closing of Rs. 29.40 on the BSE.

The scrip opened at Rs. 30.00 and has touched a high and low of Rs. 30.10 and Rs. 29.55 respectively. So far 1562 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.50 on 15-Jan-2020 and a 52 week low of Rs. 18.30 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 31.70 and Rs. 28.90 respectively. The current market cap of the company is Rs. 192.90 crore.

The promoters holding in the company stood at 72.34%, while Institutions and Non-Institutions held 6.68% and 20.98% respectively.

In a big push to make India 'Atmanirbhar' in Smart Meter technology, HPL Electric & Power has established a new state of the art R&D center. The new R&D center for smart meters aims to incorporate the recent advancements in smart technologies and materials for the development of new generations of smart metering products.

The R&D center is located at the HPL’s manufacturing facility at Gurugram in Haryana. With this investment in developing next generation of smart meter technology, HPL aims to widen its smart meter portfolio, and further strengthen its market penetration domestically as well as internationally.

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

Peers

Company Name	CMP
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