Swelect Energy Systems has completed the acquisition of 49% of equity share capital and board control in HHV Solar Technologies. The board at its meeting held on January 21, 2013 has informed about the same.
HHV Solar Technologies is a Bangalore based renowned Solar Photovoltaic module manufacturer in India. The company had, earlier on January 08, 2012, decided to invest Rs 22 crore in HHV Solar Technologies.
Swelect Energy was formerly Numeric Power Systems, a major player in the Uninterruptible Power Supply business. Last year, Numeric Power sold its UPS business and decided to concentrate on solar power and was renamed Swelect Energy.
| Company Name | CMP |
|---|---|
| Vikram Solar | 229.35 |
| Syrma SGS Technology | 977.65 |
| Saatvik Green Energy | 471.75 |
| Kaynes Technology | 4214.65 |
| Fujiyama Power Syste | 258.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: