HPL Electric is set to thrive on “Smart Meters” opportunity

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Jan 1, 2024.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

    Joined:
    Mar 19, 2015
    Messages:
    580
    Likes Received:
    55
    HPL Electric is set to thrive on “Smart Meters” opportunity. Govt is targeting installation of 25 crore smart meters to reduce distribution losses. HPL is market leader with ~20% market share. Order backlog is ₹ 2000+ crore. HPL is well positioned to witness healthy growth led by strong demand. Target price is ₹ 305

    Read research report

    [​IMG]
     
Loading...