Synopsis: HPL Electric & Power Limited received a Rs. 65.72 crore smart meter order, strengthening customer ties and enhancing industry leadership.

This Small-cap Smart Meter Stock, engaged in manufacturing a diverse range of electrical products, including electronic meters, lighting equipment, switchgear, and wires & cables, jumped 8 percent after securing a work order worth Rs. 65.72 crores from its regular leading customers.

With a market capitalization of Rs. 3,115.68 crores, the share of HPL Electric & Power Limited has reached an intraday high of Rs. 504.30 per equity share, rising nearly 8.04 percent from its previous day’s close price of Rs. 466.75. Since then, the stock has retreated and is currently trading at Rs. 484.55 per equity share.

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HPL Electric &

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