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HPL Electric & Power Limited Reports Strong Growth in Consumer & Industrial Segment

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HPL Electric & Power Limited Reports Strong Growth in Consumer & Industrial Segment

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HPL Electric & Power Limited ( (IN:HPL) ) has issued an announcement.

HPL Electric & Power Limited announced that its Consumer & Industrial segment has shown robust growth, contributing 47% to total revenue with a 30% increase in Q2 and 23% in H1. The company’s order book, primarily driven by smart meters, stands at over ₹3,300 crore, providing long-term visibility and aligning with nationwide smart metering opportunities.

More about HPL Electric & Power Limited

HPL Electric & Power Limited operates in the electrical equipment industry, focusing on consumer and industrial segments. The company offers products such as wires, cables, switchgear, and lighting solutions, with a significant emphasis on smart metering systems.

Average Trading Volume: 13,626

Technical Sentiment Signal: Sell

Current Market Cap: 28.79B INR

See more data about HPL stock on TipRanks’ Stock Analysis page.

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