The GIFT Nifty signals a slightly optimistic opening for the benchmark indices, showing a rise of 30 points following Nifty's 61-point increase to 19,632 points on August 9. GIFT Nifty futures are positioned at 19,624 points.

Order Book Update: With an order book exceeding Rs 2000+ crore as of July 04, 2023, HPL's position at the forefront of India's energy modernization journey is solidified. As the nation embraces energy-efficient solutions, HPL is poised to play an instrumental role in shaping the landscape of India's energy-efficiency future.

In summary, these outcomes indicate robust growth in both revenue and profitability for the company during the initial quarter of FY24.

The shares of the company saw a spurt in volume by more than 1.05 times on BSE.

The stock has witnessed significant buying activity as it has surged more than 65 per cent in the last 3 years. 

Shares of the company gained more than 150 per cent in the last six months.

The firm has a market cap of Rs 40.71 crore with a 5-year CAGR of 25 per cent. The company reported positive numbers in its quarterly results and annual results.

For Nippon Life India Asset Management (NAM India), higher growth in net profit was driven by higher other income owing to increase in value of equity investments driven by equity market performance and the downward movement of rates

On Thursday, shares of the company surged by more than 2 per cent and made an intraday high of Rs 15.16.

The broader market sentiment appeared upbeat, with approximately 1165 advancing stocks in contrast to 658 declining stocks. This equilibrium reflects an overarching optimistic outlook in the broader market landscape.