HPL Electric & Power secures order worth Rs 144Cr.

HPL Electric & Power stock rises:Shares of HPL Electric & Power rose up to 2.4 per cent to hit an intraday high of Rs 613.20 per share on Friday, September 13, 2024.
The uptick in the HPL Electric & Power share price came after the company announced that it has bagged an order worth R 144 crore.

In an exchange filing, HPL Electric & Power said, “We are pleased to inform that the company HPL Electric & Power Limited has received Work Orders/Letter of Award of Rs 143.77 crore (inclusive of tax) from our regular leading Customers

HPL Electric & Power Limited, a manufacturer of electrical equipment, has built a robust presence over the past 40 years across five key product areas including metering solutions, modular switches, switchgears, LED lighting, and wires and cables.