HPL Electric & Power Ltd Share Price

Overview

HPL Electric & Power Ltd share price is currently ₹294.86, down by - ₹8.90 (2.93%) from its previous closing price of ₹303.76. The share price has declined -13.41% over the past month and declined -36.83% over the past year. The stock's 52-week low and high are ₹252.55 and ₹504.80, respectively. HPL Electric & Power Ltd has a market capitalisation of ₹ 1,960.00 Cr. The share price was last updated on 07 Sep 2026, 03:29 PM IST.

HPL Electric & Power Ltd
HPL Electric & Power Ltd
HPL
 0.00
- 8.90
2.93%
Capital Goods
 0.00(%)1D

Updated: 07 Sep 2026, 03:29:53 pm IST

Market Data

Open Price

 299.99

Prev. Close

 303.76
 294.86

Day Low

 303.77

Day High

 252.55

52 Week Low

 504.80

52 Week High

Capital GoodsElectric Equipment
CategorySmall Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

20.78

Sector PE

47.80

PB Ratio

2.07

Sector PB

6.87

EPS

14.19

Dividend Yield

0.24

Today's Volume

75.569 K

5 Day Avg. Volume

81.047 K

PEG Ratio

0.18

Market Cap.

₹ 1,960.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
DividendsFinal Dividend of 10% at ₹1/Share
17-Sep-202617-Sep-2026
DividendsFinal Dividend of 10% at ₹1/Share
22-Sep-202522-Sep-2025
DividendsFinal Dividend of 10% at ₹1/Share
23-Sep-202423-Sep-2024

Mutual Fund Ownership

Mutual Fund Ownership will be available shortly.

About HPL Electric & Power Ltd 👋

HPL Electric & Power Limited is an India-based company, which is an electric equipment manufacturer. The Company offers low-voltage electrical solutions. It operates through two segments: Metering, Systems & Services and Consumer, Industrial & Services. The Company 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. It 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.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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Harika Enjamuri

Harika Enjamuri

3 May • 7:00 PM · SEBI-Registered Analyst

HPL Electric Secures ₹242 Cr Smart Meter Deal

HPL
has strengthened its position in the smart metering space by securing fresh orders worth ₹242 crore from GMR Group companies, reflecting the growing momentum in India’s power distribution modernization. These orders are primarily focused on supplying smart meters, a key component in improving billing efficiency, reducing transmission losses, and enabling real-time energy monitoring. With this win, the company continues to benefit from the government’s strong push towards smart grid infrastructure and digital energy management under various reforms. The deal not only enhances HPL Electric’s order book visibility but also reinforces its role in the evolving energy ecosystem, where utilities are increasingly shifting toward advanced metering solutions. Overall, this development signals steady business traction and aligns well with the long-term structural growth opportunity in India’s power sector transformation. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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AKANSHA JAIN

AKANSHA JAIN

3 May • 11:04 AM · SEBI-Registered Analyst

HPL

HPL Electric & Power Ltd is in the spotlight after securing a significant order in the smart metering segment, reinforcing growth visibility in the power infrastructure space. What’s the News? The company recently secured new orders worth ₹242 crore for smart meter supply from key clients. Despite the strong order inflow and healthy quarterly performance, the stock witnessed short-term pressure, indicating profit booking or valuation concerns. Why This Matters for Investors Order Book Visibility: Strengthens revenue pipeline for FY26–FY27 Sector Tailwind: Smart metering and power distribution remain government-driven themes Volatility Opportunity: Short-term dips after good news often create trading setups Technical View (Trading Style) Trend: Volatile but structurally positive Strategy: Buy on dip / watch for breakout above resistance

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SHUBINVESTS I SEBI RA

SHUBINVESTS I SEBI RA

18 Mar • 9:08 AM · SEBI-Registered Analyst

The New Electricity Rules Why Your Power Bill Will Depend on Time, Not Just Usage

Electricity pricing in India is shifting to time-based usage, reducing hidden subsidies and pushing efficiency through smart meters and storage adoption. Imagine buying the same product at different prices during the day — cheaper in the afternoon, expensive at night. That’s exactly where India’s electricity system is heading. The government’s new draft rules are changing how power is priced and consumed. First, Time-of-Day (ToD) pricing means electricity will be cheaper during solar hours and costlier during peak evening demand. This pushes businesses to shift usage smartly — run machines when power is abundant, not scarce. Second, net metering is no longer “free storage.” Earlier, large users could send extra solar power to the grid and take it back later without cost. Now, charges will apply — especially for systems above 5 kW making the grid less of a free battery. Third, big users may be forced to install batteries. If your solar setup is very large (500 kW+), regulators can require storage systems. This ensures excess daytime power is stored, not dumped on the grid. Together, these rules change incentives. Cheap daytime power + expensive evening power = strong reason to invest in batteries and energy management. Who benefits from this shift? Companies involved in power infrastructure, smart metering, and energy storage stand to gain: Tata Power

TATAPOWER
– Solar + storage + distribution Adani Green Energy
ADANIGREEN
– Large-scale renewable player NTPC
NTPCGREEN
– Expanding into renewables and storage Siemens India – Smart grid and automation tech ABB India
ABB
– Electrification and grid solutions HPL Electric & Power – Smart meters Genus Power Infrastructures – Metering solutions This is not just a policy change — it’s a shift from “how much you use” to “when you use.” The real story: India is quietly building a smarter, more flexible power system — one where timing is everything.

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Tejaswi

Tejaswi

21 Feb • 10:30 PM · SEBI-Registered Analyst

Smart Meter Tailwind: Boon or Risk for HPL Shareholders?

HPL
HPL Electric & Power is positioning itself as a key beneficiary of India’s accelerated smart meter rollout and national grid modernisation, a policy-led opportunity estimated at tens of thousands of crores over the next few years. The company manufactures smart meters, switchgears, LED lighting, wires, cables and related products, giving it a broad play on power distribution upgrades rather than a single‑product bet. For shareholders, the smart metering thrust is the main value driver. HPL already has a meaningful market share in meters and has steadily increased the share of smart meters in its order book, helped by repeated wins from utilities and AMISPs under government schemes like RDSS. This can support multi‑year revenue growth, better operating leverage and structurally stronger margins versus its legacy commodity-like products. The company’s backward‑integrated manufacturing, multiple plants and in‑house R&D allow it to control quality and cost, which is critical when bidding for large, price‑sensitive tenders. A widening distribution network across India also helps HPL push higher‑margin non‑metering products, reducing dependence on any single segment or scheme. However, shareholders must also weigh risks. Execution of large smart meter tenders depends on state discom finances and project timelines; delays or renegotiations can stretch working capital and push out revenue recognition. Competition from larger, better‑capitalised players in smart meters and grid equipment can pressure pricing, while any change in government policy or slowdown in RDSS spending would directly impact HPL’s growth runway. Overall, HPL Electric offers leveraged exposure to India’s smart meter and grid upgrade cycle with improving product mix and operating profile, which is potentially favourable for long‑term shareholders willing to tolerate policy, execution and working‑capital risk.

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PATEL ABHIKUMAR HARESHBHAI

PATEL ABHIKUMAR HARESHBHAI

5 Feb • 9:15 AM · SEBI-Registered Analyst

Daily Index View : SENSEX as on 05/02/2026

🎯 Market Surface : Intraday Prospective 🚨 Current Market Trend: Positive 🚀 - Probability 10% 🔍 Key Level to Watch: 83325 🔄 Current Market Surface: The trend will stay Positive until the market stay above 83325 That’s 432 points away from the last trading price. Information Surface (Subjective View) 🌐 Sentiments: Dow Jones Futures is Trading Flat to Negative & HANG SENG Index is trading Negative - Probability: -16% Market Bies is Mised, Both side trading Opportunity 💯 Total probability based on Market Surface : (Objective View) & Information Surface (Subjective View) is -3% FALSE Top stock to watch out for is

HPL

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Prachi Mehta

Prachi Mehta

3 Dec • 9:44 AM · SEBI-Registered Analyst

Stocks in news today

HINDCOPPER
(HCL) has executed Memorandum of Understanding (MoU) with NTPC Mining (NML) to jointly participate in copper, critical minerals block auctions, develop and operationalize blocks for exploration, mining and processing of minerals. The objective of the MoU is to explore the possibility of joint investments for the development, mining and processing from existing assets of HCL and also to collaborate on existing and future domestic/overseas copper and critical minerals projects.
ADANIGREEN
’s wholly-owned subsidiary -- Adani Renewable Energy Holding Eleven (AREH11L) has incorporated wholly-owned subsidiaries, namely, Urjasetu Renewables (URL) and Hydrobloom Power (HPL) on December 02, 2025. The main objective of URL and HPL is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy. !Indian Railway Finance corporation (IRFC) has signed a loan agreement with Sumitomo Mitsui Banking corporation GIFT city Branch at Gift city in Gandhinagar, Gujarat for raising External Commercial Borrowing loan of JPY equivalent $300 million. This becomes the first foray of IRFC 2.0 in the ECB market after its diversification move in infrastructure space having backward / forward linkage. Cohance Lifesciences has received approval for the fund infusion by way of investment in Compulsorily Convertible Preferred Stock of NJ Bio Inc, USA, a subsidiary of the Company, upto an amount of $10 million. The fund when deployed will be used by the said subsidiary to support its growth initiatives including capex. The Board of Directors of the Company at its meeting held on December 2, 2025 has approved the same.

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