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HPL
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Recent events
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India's HP Electric rises on order win worth 3.7 billion rupees
** Shares of HP Electric & Power HPLE.NS up 8.1% to 399 rupees
** The electric equipment maker wins an order worth 3.7 billion rupees ($42.5 million) for supply of smart meters
** Stock set to snap three straight sessions of losses, if current trend holds
** More than 434,000 shares traded, 2.5x its 30-day moving avg
** HPLE stock trims YTD losses to ~26%
($1 = 87.0410 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of HP Electric & Power HPLE.NS up 8.1% to 399 rupees
** The electric equipment maker wins an order worth 3.7 billion rupees ($42.5 million) for supply of smart meters
** Stock set to snap three straight sessions of losses, if current trend holds
** More than 434,000 shares traded, 2.5x its 30-day moving avg
** HPLE stock trims YTD losses to ~26%
($1 = 87.0410 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Calcom Vision Adds HPL Electric & Power As New Customer
Dec 11 (Reuters) - Calcom Vision Ltd CLCM.BO:
ADDED HPL ELECTRIC & POWER AS NEW CUSTOMER
INITIAL ORDER OF 20 MILLION RUPEES; SUPPLIES ARE EXPECTED TO GROW
Source text: ID:nBSE6B2BTP
Further company coverage: CLCM.BO
(([email protected];;))
Dec 11 (Reuters) - Calcom Vision Ltd CLCM.BO:
ADDED HPL ELECTRIC & POWER AS NEW CUSTOMER
INITIAL ORDER OF 20 MILLION RUPEES; SUPPLIES ARE EXPECTED TO GROW
Source text: ID:nBSE6B2BTP
Further company coverage: CLCM.BO
(([email protected];;))
HPL Electric & Power Says Sept-Quarter Consol Net Profit At 215.2 Million Rupees
Nov 12 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC & POWER LTD SEPT-QUARTER CONSOL NET PROFIT 215.2 MILLION RUPEES
HPL ELECTRIC & POWER LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.22 BILLION RUPEES
Source text: ID:nBSE30JQlW
Further company coverage: HPLE.NS
(([email protected];))
Nov 12 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC & POWER LTD SEPT-QUARTER CONSOL NET PROFIT 215.2 MILLION RUPEES
HPL ELECTRIC & POWER LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.22 BILLION RUPEES
Source text: ID:nBSE30JQlW
Further company coverage: HPLE.NS
(([email protected];))
India's HPL Electric & Power gains after order win
** Shares of HPL Electric & Power HPLE.NS up 4% to 603 rupees
** Electric equipment maker wins 1.44 billion-rupee ($17.2 million) order for supply of smart meters and conventional meters
** Stock sees busiest day in 2 weeks, with over 273,000 shares traded
** Stock up 133% YTD
($1 = 83.9600 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of HPL Electric & Power HPLE.NS up 4% to 603 rupees
** Electric equipment maker wins 1.44 billion-rupee ($17.2 million) order for supply of smart meters and conventional meters
** Stock sees busiest day in 2 weeks, with over 273,000 shares traded
** Stock up 133% YTD
($1 = 83.9600 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
India's HPL Electric rises on Q1 profit surge
** Shares of HPL Electric & Power HPLE.NS climb as much as 4.2%, last up 2.1% to 613.3 rupees
** Home appliance-maker's Q1 profit surged 2.5X YoY
** Stock on track to rise in five out of six straight sessions if trend holds
** Rivals Polycab India POLC.NS and Orient Electric ONTE.NS posted Q1 profit drops, Havells India HVEL.NS missed profit estimates
** HPLE up 2.5X YTD; POLC, HVEL and ONTE up between ~22% and ~37%
(Reporting by Varun Vyas in Bengaluru)
** Shares of HPL Electric & Power HPLE.NS climb as much as 4.2%, last up 2.1% to 613.3 rupees
** Home appliance-maker's Q1 profit surged 2.5X YoY
** Stock on track to rise in five out of six straight sessions if trend holds
** Rivals Polycab India POLC.NS and Orient Electric ONTE.NS posted Q1 profit drops, Havells India HVEL.NS missed profit estimates
** HPLE up 2.5X YTD; POLC, HVEL and ONTE up between ~22% and ~37%
(Reporting by Varun Vyas in Bengaluru)
India's HPL Electric hits record high on winning orders worth 21 bln rupees
** Shares of HPL Electric & Power HPLE.NS surges 13% to a record high of 536.80 rupees
** Electric equipment maker on Thursday said it won orders worth 21.01 bln rupees ($251.6 mln) for supply of smart meters
** Stock up 88.3% YTD, top gainer among rival smart meter makers GMR Power GMRP.NS, Genus Power GEOE.NS, which are up ~67% and ~56% YTD, respectively
($1 = 83.5000 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of HPL Electric & Power HPLE.NS surges 13% to a record high of 536.80 rupees
** Electric equipment maker on Thursday said it won orders worth 21.01 bln rupees ($251.6 mln) for supply of smart meters
** Stock up 88.3% YTD, top gainer among rival smart meter makers GMR Power GMRP.NS, Genus Power GEOE.NS, which are up ~67% and ~56% YTD, respectively
($1 = 83.5000 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
India's HPL Electric & Power up on deal with Guangxi Ramway Technology Co
** Shares of electric equipment maker HPL Electric & Power HPLE.NS rise as much as 7.3% to 484.45 rupees
** HPLE signs pact with Guangxi Ramway Technology Co for manufacturing and procurement of certain parts in India
** More than 1.2 mln shares change hands, 1.7x the 30-day avg
** Stock has gained for three consecutive months
** Stock last up 6.8%, taking YTD gains to 93.7%
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
** Shares of electric equipment maker HPL Electric & Power HPLE.NS rise as much as 7.3% to 484.45 rupees
** HPLE signs pact with Guangxi Ramway Technology Co for manufacturing and procurement of certain parts in India
** More than 1.2 mln shares change hands, 1.7x the 30-day avg
** Stock has gained for three consecutive months
** Stock last up 6.8%, taking YTD gains to 93.7%
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
HPL Electric & Power Says Dividend At 1 Rupee Per Share
May 15 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
DIVIDEND 1 RUPEE PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 137.1 MILLION RUPEES VERSUS PROFIT 112.5 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.24 BILLION RUPEES VERSUS 3.63 BILLION RUPEES
Source text for Eikon: ID:nBSE7x7ycS
Further company coverage: HPLE.NS
(([email protected];))
May 15 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
DIVIDEND 1 RUPEE PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 137.1 MILLION RUPEES VERSUS PROFIT 112.5 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.24 BILLION RUPEES VERSUS 3.63 BILLION RUPEES
Source text for Eikon: ID:nBSE7x7ycS
Further company coverage: HPLE.NS
(([email protected];))
India's HPL Electric & Power up on product launch
** Shares of HPL Electric & Power HPLE.NS rise 7.8% to 356.90 rupees
** Electric equipment maker launches HPL fans catering to both domestic and international markets
** HPLE on track for second straight session of gains; had risen 27% in March-qtr for fourth consecutive quarterly gains
** More than 779,000 shares change hands, almost three times the 30-day avg
** Stock up ~43% YTD, had more than doubled in 2023 for best yearly gains since listing in 2016
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of HPL Electric & Power HPLE.NS rise 7.8% to 356.90 rupees
** Electric equipment maker launches HPL fans catering to both domestic and international markets
** HPLE on track for second straight session of gains; had risen 27% in March-qtr for fourth consecutive quarterly gains
** More than 779,000 shares change hands, almost three times the 30-day avg
** Stock up ~43% YTD, had more than doubled in 2023 for best yearly gains since listing in 2016
(Reporting by Dimpal Gulwani in Bengaluru)
India's HPL Electric & Power rises on Q3 profit jump
** Shares of HPL Electric and Power HPLE.NS up 10% to hit upper circuit at 345.05 rupees
** Electric equipment manufacturer reports 87.6% rise in consolidated net profit to 119.4 mln rupees ($1.4 mln ) for Dec qtr
** Total revenue from operations up 21.2%
** Stock has been trading above its 200-day moving avg since March-end
** Stock up 149.2% in 2023, marking its best annual gain in four years
($1 = 83.0090 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of HPL Electric and Power HPLE.NS up 10% to hit upper circuit at 345.05 rupees
** Electric equipment manufacturer reports 87.6% rise in consolidated net profit to 119.4 mln rupees ($1.4 mln ) for Dec qtr
** Total revenue from operations up 21.2%
** Stock has been trading above its 200-day moving avg since March-end
** Stock up 149.2% in 2023, marking its best annual gain in four years
($1 = 83.0090 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
HPL Electric & Power Dec-Quarter Consol Net Profit Rises
Feb 14 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC & POWER LTD DEC-QUARTER CONSOL NET PROFIT 119.4 MILLION RUPEES VERSUS 63.6 MILLION RUPEES
HPL ELECTRIC & POWER LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.66 BILLION RUPEES VERSUS 3.02 BILLION RUPEES
Source text for Eikon: ID:nNSE65vhtd
Further company coverage: HPLE.NS
(([email protected];))
Feb 14 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC & POWER LTD DEC-QUARTER CONSOL NET PROFIT 119.4 MILLION RUPEES VERSUS 63.6 MILLION RUPEES
HPL ELECTRIC & POWER LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.66 BILLION RUPEES VERSUS 3.02 BILLION RUPEES
Source text for Eikon: ID:nNSE65vhtd
Further company coverage: HPLE.NS
(([email protected];))
India's HPL Electric jumps on $22 mln order win for smart meter supply
** Shares of HPL Electric and Power HPLE.NS rise 10%, highest single day rise in six weeks, to 322.40 rupees apiece
** Electric equipment maker gets an order worth 1.81 billion rupees ($21.81 million) from an advanced metering infrastructure service provider to supply smart electric meters
** This is the third order for the company this year; HPLE shares up ~30% in this period
** Stock is most active in a week - LSEG data
($1 = 82.9910 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of HPL Electric and Power HPLE.NS rise 10%, highest single day rise in six weeks, to 322.40 rupees apiece
** Electric equipment maker gets an order worth 1.81 billion rupees ($21.81 million) from an advanced metering infrastructure service provider to supply smart electric meters
** This is the third order for the company this year; HPLE shares up ~30% in this period
** Stock is most active in a week - LSEG data
($1 = 82.9910 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
India's HPL Electric & Power up on $29 mln order win
** Shares of HPL Electric & Power HPLE.NS up ~2% to 289.85 rupees in early trade
** Electric equipment maker said it received orders worth 2.40 bln rupees (nearly $29 mln) for making smart meters
** Stock has been trading above its 200-day simple moving avg since March 2023
** Shares log gains after falling for three straight sessions; they have lost ~3% in past three sessions
** Stock rose ~149% in 2023, highest yearly gains since listing in 2016
($1 = 82.9720 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of HPL Electric & Power HPLE.NS up ~2% to 289.85 rupees in early trade
** Electric equipment maker said it received orders worth 2.40 bln rupees (nearly $29 mln) for making smart meters
** Stock has been trading above its 200-day simple moving avg since March 2023
** Shares log gains after falling for three straight sessions; they have lost ~3% in past three sessions
** Stock rose ~149% in 2023, highest yearly gains since listing in 2016
($1 = 82.9720 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Hpl Electric & Power Gets Order Worth 2.4 Bln Rupees
Jan 15 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC & POWER LTD - GETS ORDER WORTH 2.4 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: HPLE.NS
(([email protected];))
Jan 15 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC & POWER LTD - GETS ORDER WORTH 2.4 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: HPLE.NS
(([email protected];))
India's HPL Electric hits record high; ICICI Direct sees strong growth
** India's electric equipment maker HPL Electric HPLE.NS rises as much as 10% to record high of 273.8 rupees per share
** Gains for fourth straight session, has risen over 27% in the period
** Metering and systems will be key growth driving segment for HPL Electric as government targets installation of 250 mln smart meters, ICICI Direct says
** Recommends "buy" with PT of 305 rupees
** Brokerage sees rev, EBITDA and PAT to grow at 19.7%, 28% and 53% CAGR respectively over FY23-26
** HPLE gained 150% in 2023
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** India's electric equipment maker HPL Electric HPLE.NS rises as much as 10% to record high of 273.8 rupees per share
** Gains for fourth straight session, has risen over 27% in the period
** Metering and systems will be key growth driving segment for HPL Electric as government targets installation of 250 mln smart meters, ICICI Direct says
** Recommends "buy" with PT of 305 rupees
** Brokerage sees rev, EBITDA and PAT to grow at 19.7%, 28% and 53% CAGR respectively over FY23-26
** HPLE gained 150% in 2023
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
HPL Electric & Power Wins 5.45 Bln Rupees Smart Meter Orders
Dec 13 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC WINS 5.45 BILLION RUPEES SMART METER ORDER
Source text for Eikon: ID:nBSEwpBB6
Further company coverage: HPLE.NS
(([email protected];))
Dec 13 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
HPL ELECTRIC WINS 5.45 BILLION RUPEES SMART METER ORDER
Source text for Eikon: ID:nBSEwpBB6
Further company coverage: HPLE.NS
(([email protected];))
India's NTPC, JSW Energy top picks in power sector, Axis Capital says
** India's rising demand for electricity can be met with a final phase of coal capacity additions and better utilisation of existing thermal capacity, Axis Capital says in a note
** Forecasts the evening deficit during non-solar hours to exacerbate to 6% by FY27E (~15 GW) and 12% by FY32E (~42 GW)
** Sees longevity of the existing coal-based capacity with limited room for shutdown in the next decade
** Identifies NTPC NTPC.NS and JSW Energy JSWE.NS as its preferred picks in power sector; raises target price of NTPC to 300 rupees from 285 rupees earlier
** JSWE target price raised to 486 rupees from 450 rupees
** Expects CESC CESC.NS, Tata Power Company TTPW.NS, Adani Power ADAN.NS, Coal India COAL.NS, NLC India NLCI.NS, Bharat Heavy Electricals BHEL.NS, Larsen & Toubro LART.NS, GMR Power & Urban Infra GMRP.NS, Siemens SIEM.NS, Hitachi Energy India HITN.NS, Genus Power Infrastructures GEOE.NS, HPL Electric & Power HPLE.NS and Adani Energy Solutions ADAI.NS to also benefit from longevity of existing coal-based capacity
** India's monthly electricity demand hit record highs for four months in a row between May 2023 and August 2023
Axis Capital's recommendations in India's power sector https://tmsnrt.rs/46vmzBW
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** India's rising demand for electricity can be met with a final phase of coal capacity additions and better utilisation of existing thermal capacity, Axis Capital says in a note
** Forecasts the evening deficit during non-solar hours to exacerbate to 6% by FY27E (~15 GW) and 12% by FY32E (~42 GW)
** Sees longevity of the existing coal-based capacity with limited room for shutdown in the next decade
** Identifies NTPC NTPC.NS and JSW Energy JSWE.NS as its preferred picks in power sector; raises target price of NTPC to 300 rupees from 285 rupees earlier
** JSWE target price raised to 486 rupees from 450 rupees
** Expects CESC CESC.NS, Tata Power Company TTPW.NS, Adani Power ADAN.NS, Coal India COAL.NS, NLC India NLCI.NS, Bharat Heavy Electricals BHEL.NS, Larsen & Toubro LART.NS, GMR Power & Urban Infra GMRP.NS, Siemens SIEM.NS, Hitachi Energy India HITN.NS, Genus Power Infrastructures GEOE.NS, HPL Electric & Power HPLE.NS and Adani Energy Solutions ADAI.NS to also benefit from longevity of existing coal-based capacity
** India's monthly electricity demand hit record highs for four months in a row between May 2023 and August 2023
Axis Capital's recommendations in India's power sector https://tmsnrt.rs/46vmzBW
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
India's Hpl Electric & Power June-Qtr Consol Net Profit Rises
Aug 9 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
INDIA'S HPL ELECTRIC & POWER JUNE-QUARTER CONSOL NET PROFIT 69.3 MILLION RUPEES VERSUS PROFIT 63 MILLION RUPEES
HPL ELECTRIC & POWER JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.21 BILLION RUPEES VERSUS 2.96 BILLION RUPEES
Source text for Eikon: ID:nBSEbHkq15
Further company coverage: HPLE.NS
(([email protected];;))
Aug 9 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
INDIA'S HPL ELECTRIC & POWER JUNE-QUARTER CONSOL NET PROFIT 69.3 MILLION RUPEES VERSUS PROFIT 63 MILLION RUPEES
HPL ELECTRIC & POWER JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.21 BILLION RUPEES VERSUS 2.96 BILLION RUPEES
Source text for Eikon: ID:nBSEbHkq15
Further company coverage: HPLE.NS
(([email protected];;))
HPL Electric & Power Says Agreement Signed With WBSEDCL For Advanced Metering Infrastructure Project Funded By World Bank
Aug 8 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
AGREEMENT SIGNED WITH WBSEDCL FOR ADVANCED METERING INFRASTRUCTURE PROJECT FUNDED BY WORLD BANK
GROSS VALUE OF THIS PROJECT IS 4.17 BILLION RUPEES
Source text for Eikon: ID:nBSE6KHL80
Further company coverage: HPLE.NS
(([email protected];;))
Aug 8 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
AGREEMENT SIGNED WITH WBSEDCL FOR ADVANCED METERING INFRASTRUCTURE PROJECT FUNDED BY WORLD BANK
GROSS VALUE OF THIS PROJECT IS 4.17 BILLION RUPEES
Source text for Eikon: ID:nBSE6KHL80
Further company coverage: HPLE.NS
(([email protected];;))
India's HPL Electric & Power hits over 5-year high after order win
** Shares of HPL Electric & Power HPLE.NS up as much as 18.5% at 153.45 rupees, their highest level since Feb. 15, 2018
** Stock sees biggest intraday pct gain since June 19
** The electric equipment manufacturer on Tuesday said it won smart meter orders worth 9.03 billion rupees ($110.2 million)
** Share prices has been above 50-day, 100-day and 200-day exponential moving averages since April 24, suggesting bullish trend
** More than 2.6 mln shares change hands by 11:45 a.m. IST, 2.9x 30-day avg of 917,579 shares
** Stock up ~30% this year as of last close
($1 = 81.9600 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of HPL Electric & Power HPLE.NS up as much as 18.5% at 153.45 rupees, their highest level since Feb. 15, 2018
** Stock sees biggest intraday pct gain since June 19
** The electric equipment manufacturer on Tuesday said it won smart meter orders worth 9.03 billion rupees ($110.2 million)
** Share prices has been above 50-day, 100-day and 200-day exponential moving averages since April 24, suggesting bullish trend
** More than 2.6 mln shares change hands by 11:45 a.m. IST, 2.9x 30-day avg of 917,579 shares
** Stock up ~30% this year as of last close
($1 = 81.9600 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
India's HPL Electric down 4% on slide in Q4 profit
** Shares of HPL Electric & Power Ltd HPLE.NS fall as much as 4.17% to 93 rupees
** Electric equipments maker reports 16.5% Y/Y slide in Q4 net profit
** Slide in profitability due to 12% rise in total costs
** HPLE also approves final dividend of 1 rupee per share
** Trading volume is 208,333 shares as of 12:03 p.m. IST, almost similar to the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of HPL Electric & Power Ltd HPLE.NS fall as much as 4.17% to 93 rupees
** Electric equipments maker reports 16.5% Y/Y slide in Q4 net profit
** Slide in profitability due to 12% rise in total costs
** HPLE also approves final dividend of 1 rupee per share
** Trading volume is 208,333 shares as of 12:03 p.m. IST, almost similar to the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
India's HPL Electric & Power March-Quarter Consol Net Profit Falls
May 29 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
MARCH-QUARTER CONSOL NET PROFIT 112.5 MILLION RUPEES VERSUS PROFIT 134.9 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.63 BILLION RUPEES VERSUS 3.25 BILLION RUPEES
Source text for Eikon: ID:nBSE5qFcWC
Further company coverage: HPLE.NS
(([email protected];;))
May 29 (Reuters) - HPL Electric & Power Ltd HPLE.NS:
MARCH-QUARTER CONSOL NET PROFIT 112.5 MILLION RUPEES VERSUS PROFIT 134.9 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.63 BILLION RUPEES VERSUS 3.25 BILLION RUPEES
Source text for Eikon: ID:nBSE5qFcWC
Further company coverage: HPLE.NS
(([email protected];;))
India's HPL Electric surges 9% on winning orders worth $25 mln
** Shares of HPL Electric & Power Ltd HPLE.NS rise as much as 9.25% to 98.60 rupees, highest in over three months
** Uptick comes after electric equipment maker wins multiple orders worth 2.04 bln rupees ($24.94 million) for supplying smart meters
** Co's order book stands at more than 15 bln rupees after bagging the orders: HPLE
** Trading volume is 871,193 shares as of 11:51 a.m. IST, more than 6.5 times the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of HPL Electric & Power Ltd HPLE.NS rise as much as 9.25% to 98.60 rupees, highest in over three months
** Uptick comes after electric equipment maker wins multiple orders worth 2.04 bln rupees ($24.94 million) for supplying smart meters
** Co's order book stands at more than 15 bln rupees after bagging the orders: HPLE
** Trading volume is 871,193 shares as of 11:51 a.m. IST, more than 6.5 times the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
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What does HPL Electric do?
HPL Electric & Power Limited is a leading electrical and power distribution equipment manufacturer in India, offering a wide range of products for industrial, commercial, and domestic applications.
Who are the competitors of HPL Electric?
HPL Electric major competitors are Rishabh Instruments, Genus Power Infra, Permanent Magnets, DCX Systems, Centrum Electronics, Moschip Technologies, Apollo Micro Systems. Market Cap of HPL Electric is ₹2,868 Crs. While the median market cap of its peers are ₹3,015 Crs.
Is HPL Electric financially stable compared to its competitors?
HPL Electric seems to be less financially stable compared to its competitors. Altman Z score of HPL Electric is 3.59 and is ranked 7 out of its 8 competitors.
Does HPL Electric pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. HPL Electric latest dividend payout ratio is 14.76% and 3yr average dividend payout ratio is 16.16%
How has HPL Electric allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable
How strong is HPL Electric balance sheet?
Balance sheet of HPL Electric is strong. But short term working capital might become an issue for this company.
Is the profitablity of HPL Electric improving?
Yes, profit is increasing. The profit of HPL Electric is ₹70.42 Crs for TTM, ₹43.56 Crs for Mar 2024 and ₹30.18 Crs for Mar 2023.
Is the debt of HPL Electric increasing or decreasing?
Yes, The debt of HPL Electric is increasing. Latest debt of HPL Electric is ₹582 Crs as of Sep-24. This is greater than Mar-24 when it was ₹509 Crs.
Is HPL Electric stock expensive?
Yes, HPL Electric is expensive. Latest PE of HPL Electric is 40.78, while 3 year average PE is 38.87. Also latest EV/EBITDA of HPL Electric is 15.16 while 3yr average is 10.62.
Has the share price of HPL Electric grown faster than its competition?
HPL Electric has given better returns compared to its competitors. HPL Electric has grown at ~34.59% over the last 1yrs while peers have grown at a median rate of -9.89%
Is the promoter bullish about HPL Electric?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in HPL Electric is 72.66% and last quarter promoter holding is 72.66%.
Are mutual funds buying/selling HPL Electric?
There is Insufficient data to gauge this.