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Stock of this consumer electronics firm has zoomed over 200% in 10 months

The stock of HPL Electric & Power hit a new high of Rs 273.55, and was trading higher for the fourth straight day on Monday

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Photo: Bloomberg

Deepak Korgaonkar Mumbai

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Shares of HPL Electric & Power (HPL) were locked in the upper circuit of 10 per cent at Rs 273.55, also its record high, with only buyers being seen on the counter. A combined 1.97 million equity shares changed hands and there were pending buy orders for 350,000 shares on the NSE and BSE at 12:38 PM.

The stock of the consumer electronics company was trading higher for the fourth straight day, having surged 30 per cent during the period. In the past 10 months of the financial year 2023-24, the market price of HPL Electric has jumped over