HBL Power Share Price 25 May 2024
🔋📈 Battery and power system sector’s leading company HBL Power Systems has generated strong returns for its investors. In the past year, the company’s shares have surged from ₹109 to ₹538.55, providing a 394% return to investors. The HBL Power Systems stock is currently trading at ₹536.20, down by 0.66% on Friday, May 24, 2024.
📊💰 Over the past three years, the company has delivered a remarkable 1254% return to its investors. In the last five years, investors have seen a whopping 2143% return on their investments. And over the past decade, the company’s shares have grown by an impressive 5367%.
💼📉 HBL Power Systems stock has risen by 24% from ₹437.90 to its current value. In February, the company’s shares crossed the ₹600 mark.
🔋💻 HBL Power Systems primarily operates in the design, development, and manufacturing of special batteries and electronic solutions. The company runs its business through three primary segments: battery, electronics, and defense. It is the world’s second-largest nickel-cadmium battery manufacturer and India’s third-largest telecom battery manufacturer, as well as the only Indian company with pure lead battery technology.
💰📈 In the December quarter, HBL Power Systems reported a revenue of ₹595 crore, with a net profit of ₹76 crore, a 230% increase from the same period last year. In the previous financial year, the company earned a net profit of ₹23 crore in the same quarter.
💸📈 In the last six months, the company’s shares have already provided a 56.17% return to its investors.
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