India's Quality Power Electrical gains after deal with Hyosung unit to make transformers

Quality Power Electrical Equipments

25/09/2025 05:06

** Shares of Quality Power Electrical Equipments QUAY.NS rise 2.7% to 998 rupees

** Electrical equipments maker's unit signs technology co-development pact with South Korea’s Hyosung 298040.KS unit to make gas-insulated switchgear transformers in India

** Development, commercialization of initial set of transformers expected within next 12 months

** Stock up 132% since its trading debut in February

 (Reporting by Aleef Jahan)

 ((aleefjahan.cs@thomsonreuters.com))