India's Quality Power hits record high on order win

Quality Power Electrical Equipments

17/09/2025 07:46

** Shares of Quality Power Electrical Equipments QUAY.NS rise as much as 6.31% to a record high of 995 rupees, last up  4.8%

** Rise after the electrical equipments' maker receives a purchase order for the supply of reactors for a STATCOM (static compensator) project to stabilise grid voltage and manage power factor

** Value of the order is about 115 million rupees, QUAY says

** QUAY, which got listed on February 25, has gained 134.1% in seven months, exchange data shows

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))