India's HPL Electric & Power rises after order win

HPL Electric & Power

08/08/2023 09:06

** Shares of HPL Electric & Power  HPLE.NS  up as much as 5%
at 215.65 rupees
    ** Electric equipment manufacturer signs agreement with West
Bengal State Electricity Distribution Company 
    ** Co to deploy advanced metering infrastructure project,
funded by World Bank 
    ** Project valued at 4.17 bln rupees ($50.39 mln)
    ** More than 816,000 shares traded by 1:32 p.m. IST, 0.6x
the 30-day avg
    ** Stock climbed more than 100% this year as of last close


($1 = 82.7590 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))