HPL Electric & Power Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HPL Electric & Power Limited has received a work order/notification of award valued at INR 65.72 Crores (inclusive of tax) for the supply of smart meters. The order has come from its regular leading customers and is part of normal business operations. The execution will follow the terms and conditions of the purchase order. The company is listed on both NSE (HPL) and BSE (540136).
This is a positive order win in HPL's smart meter business, reinforcing revenue visibility. However, since it is described as coming from existing customers in the normal course of business, the stock reaction may be modest unless this is part of a larger order pipeline.