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HPL ELECTRIC & POWER LIMITEDHPL ELECTRIC & POWER LIMITEDHPL ELECTRIC & POWER LIMITED

HPL ELECTRIC & POWER LIMITED

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HPL trade ideas

HPL ELECTRIC & POWER LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:HPL
by zenthosh
#HPLHPL Electric & Power Ltd ABOUT HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted electrical brand. It exports its finest engineering goods to more than 42 countries in regions of Asia, Africa, Europe, UK and Indian Sub-continent through the overseas logistic partners. KEY POINTS Market Share The company is the largest manufacturer of on-load change-over switches with a 50% market share in the country. It also has a market share of 20% in domestic electric meters market. It also has 5% market share in the Low-voltage Switchgear Market. It is the 5th largest LED manufacturer in the country. Manufacturing Capabilities The Company has seven manufacturing facilities at Gurugram, Jabli, Kundli & Gahraunda with end-to-end capabilities. Its well organised supply chain is supported by 21 warehouses across India . Its manufacturing process is supported by 2 R&D facilities in Gurugram & Kundli with more than 100 engineers. Established Distribution Network HPL has established a pan-India distribution network with 900+ authorised dealers and 45,000+ retailers across India in order to reinforce its brand presence and leverage on the growing potential of India’s electrical equipment industry in metros and Tier I and II cities. The company plans to increase the retailers to 1,00,000 by March 2025 Revenue Breakup Metering products contributes 53%, the rest is from Consumer & Industrial 47%. Orderbook The company has a strong order book of Rs1500+ cr with meter & systems contributing 82% and the consumer and industrial segment contributing 18% of the current order book.
NSE:HPLLong
by iism-ExpertTrading
HPL ELECTRIC AND POWER The company is the largest manufacturer of on-load change-over switches with a 50% market share in the country. It also has a market share of 20% in electric meters market. It is the 5th largest LED manufacturer in the country. Follow targets in the chart with strict stop-loss at 75 Market Cap ₹ 639 Cr. Stock P/E 18.1 Book Value ₹ 121 ROCE 6.10 % ROE 1.00 % Promoter holding 72.7 % Debt ₹ 598 Cr. Pledged percentage 0.00 % Debt to equity 0.77 Reserves ₹ 711 Cr. Price to book value 0.84 Int Coverage 1.65 PEG Ratio -0.84
NSE:HPLLong
by madhu2811