India's HPL Electric & Power surges as quarterly profit doubles

HPL Electric & Power

23/05/2025 06:53

** Shares of HPL Electric & Power Ltd HPLE.NS rise 16% to 562 rupees, highest level since July 2024

** Electric co's Q4 profit more than doubled to 378.54 million rupees ($4.41 million), ops rev grows 16.14% Y/Y

** Trading volume at 2.78 million shares, 12.1x 30-day moving average

** YTD, stock gains 3.6%

($1 = 85.8475 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))