India's HP Electric rises on order win worth 3.7 billion rupees

HPL Electric & Power

13/03/2025 08:11

** 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)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))