HPL Electric & Power Ltd. Stock Analysis HPL.NS

HPL Electric & Power Ltd. engages in the manufacture of electrical equipment. The company is headquartered in Sonipat, Haryana and currently employs 1,157 full-time employees. The company went IPO on 2016-10-04. The firm offers low-voltage electrical solutions. The company operates through two segments: Metering, Systems & Services and Consumer, Industrial & Services. The firm has its presence across five key verticals: Metering Solutions, Switchgear, Light-Emitting Diodes (LED) Lighting, Wires and Cables, and Solar Solutions, and Modular Switches. Its Metering solution vertical offers smart meters, prepaid meters, and conventional meters. Its Switchgear vertical includes industrial products, which include MCCBs (Molded Case Circuit Breakers), MCBs (Miniature Circuit Breakers), and RCCBs (Residual Current Circuit Breakers). Its Wires and Cables vertical offers Fire-Resistant Cables, Telecom Cables, and Solar Cables. The company also offers modular switches and fans. The Company’s manufacturing units are located in Gurugram, Kundli, Gharaunda, and Sonepat in Haryana and Jabli in Himachal Pradesh.