Rs 3,400+ crore order book: Smart meter manufacturing company bags new orders worth Rs 369,90,00,000

The stock gave multibagger returns of 400 per cent in just 2 years and a whopping 1,600 per cent in 5 years.

HPL Electric & Power Limited has won Smart Meters orders worth Rs 369,90,00,000 (inclusive of tax) from its regular leading customers for the supply of smart meters in the normal course of business, which is to be executed as per the terms & conditions of the purchase order/supply agreement.

HPL Electric & Power Limited, a prominent Indian electrical equipment manufacturer with 40 years of experience, maintains a strong presence across five crucial product verticals: metering solutions, modular switches, switchgear, LED lighting, and wires and cables, serving diverse customer segments including power utilities, government agencies, and retail and institutional clients, while also exporting its products to over 42 countries across Asia, Africa, Europe, the UK, and the Indian Subcontinent, establishing itself as a trusted and recognized brand.

The company has a market cap of over Rs 2,500 crore. The company’s order book exceeds Rs 3,400+ crore as of February 10, 2025. The stock gave multibagger returns of 400 per cent in just 2 years and a whopping 1,600 per cent in 5 years. Investors should keep an eye on this small-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.