Rs 7,500 million order book & Ashish Kacholia holds 1.67% stake: Heavy electrical equipment stock has given more returns than Anil Ambani’s Reliance Power
The shares of the company have a PE of 61x, an ROE of 23 per cent and an ROCE of 28 per cent.
On Thursday, the stock market displayed a flat trend, with the BSE Sensex registering a marginal dip of 0.06 per cent to 81,395 and the NSE Nifty-50 Index slightly down by 0.03 per cent at 24,808. Amidst this subdued market, the power sector garnered significant attention on Dalal Street.
A notable heavy electrical equipment stock, which was trading at Rs 313.05 per share on April 1, 2025, surged to Rs 546.65 per share today, marking an impressive 75 per cent return since April 1. Similarly, Anil Ambani's Reliance Power also demonstrated robust performance, rising from Rs 41.99 on April 1, 2025, to Rs 66.99 today, achieving a substantial 60 per cent gain within the same period. Additionally, an ace investor, Ashish Kacholia, holds a 1.67 per cent stake, via his investment firm, Bengal Finance and Investment Pvt Ltd.
The heavy electrical equipment stock we are talking about is listed on both the BSE and NSE. The company is a leading global manufacturer of high-voltage electrical equipment and solutions. They offer a comprehensive range of products, including reactors, transformers, line traps, fuses and power quality solutions. With multiple manufacturing facilities strategically located in both India and Turkey, the company boasts an impressive international footprint, having installed equipment in over 100 countries for systems operating up to 765kV.
The company has a market cap of over Rs 4,000 crore and has orders in hand of over Rs 7,500 million. The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 270.60 per share. The shares of the company have a PE of 61x, an ROE of 23 per cent and an ROCE of 28 per cent.
The heavy electrical equipment stock we are talking about is Quality Power Electrical Equipments Limited (QPEEL).
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Disclaimer: The article is for informational purposes only and not investment advice.
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