MoneyWorks4Me

HPL Electric & Power bags orders worth over Rs 372 crore for consumer electrical products

20 May 2021 Evaluate

HPL Electric & Power has bagged two orders worth over Rs 372 crore for its switchgear, wires and other related accessories for housing projects in the state of Andhra Pradesh. These prestigious orders were bagged amidst stiff competition from various players. This is a big step by the company to increase its presence in the low cost affordable housing segment. The current total order book of the company now stands over at Rs 700 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.

Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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