Stock Price Movement and Market Context
On 23 Jan 2026, HPL Electric & Power Ltd’s share price touched an intraday low of Rs.315, representing a decline of 2.72% on the day. This drop outpaced the sector’s performance, underperforming the Other Electrical Equipment sector by 0.93%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling sustained downward momentum.
The broader market environment was also subdued, with the Sensex opening flat but eventually falling by 768.45 points, or 0.9%, to close at 81,567.49. Notably, the NIFTY REALTY index also hit a new 52-week low on the same day, indicating sectoral pressures in related segments.
Performance Over the Past Year
HPL Electric & Power Ltd’s stock has underperformed significantly over the last twelve months, delivering a negative return of 35.79%. This contrasts sharply with the Sensex’s positive return of 6.60% and the BSE500’s 5.35% gain over the same period. The stock’s 52-week high was Rs.639.5, highlighting the extent of the decline from its peak.
This underperformance is notable given the company’s industry and sector, which have generally shown resilience. The stock’s Mojo Score currently stands at 37.0, with a Mojo Grade of Sell, upgraded from a previous Strong Sell rating on 14 Nov 2025. The Market Cap Grade remains low at 3, reflecting limited market capitalisation strength relative to peers.
Our current Stock of the Month is out! This Large Cap from Automobiles - Passenger Cars emerged as the single best opportunity from our elite universe. Get the details now!
- - Current monthly selection
- - Single best opportunity
- - Elite universe pick
Financial Metrics and Valuation
Despite the share price decline, HPL Electric & Power Ltd has demonstrated healthy long-term growth in operating profit, which has increased at an annual rate of 29.28%. The company’s return on capital employed (ROCE) stands at a respectable 13.3%, indicating efficient use of capital relative to peers.
Valuation metrics suggest the stock is trading at an attractive level, with an enterprise value to capital employed ratio of 1.7. This is below the average historical valuations of comparable companies in the Other Electrical Equipment sector, implying a discount in the current market price.
Profit growth over the past year has been robust, with reported profits rising by 49.4%. The company’s price/earnings to growth (PEG) ratio is 0.4, which typically indicates undervaluation relative to earnings growth potential.
Shareholding and Market Sentiment
One notable aspect is the absence of domestic mutual fund holdings in HPL Electric & Power Ltd, with reported ownership at 0%. Given that domestic mutual funds often conduct detailed research and hold stakes in companies they find favourable, this lack of participation may reflect cautious sentiment or concerns about the company’s current valuation and business outlook.
The flat financial results reported in September 2025 have also contributed to subdued market enthusiasm, as the company did not demonstrate significant improvement in key performance indicators during that period.
Is HPL Electric & Power Ltd your best bet? SwitchER suggests better alternatives across peers, market caps, and sectors. Discover stocks that could deliver more for your portfolio!
- - Better alternatives suggested
- - Cross-sector comparison
- - Portfolio optimization tool
Technical Indicators and Moving Averages
Technically, the stock’s position below all major moving averages – including the 5-day, 20-day, 50-day, 100-day, and 200-day – indicates persistent downward pressure. This technical weakness aligns with the broader market’s cautious tone and the stock’s relative underperformance within its sector.
The Sensex itself is trading below its 50-day moving average, although the 50-day remains above the 200-day moving average, suggesting some underlying market resilience despite short-term volatility.
Summary of Key Data Points
To summarise, HPL Electric & Power Ltd’s stock has reached a new 52-week low of Rs.315, down 2.72% on 23 Jan 2026. The stock’s one-year return is -35.79%, contrasting with the Sensex’s 6.60% gain. The company’s financials show strong profit growth and an attractive valuation, but market participation by institutional investors remains absent. The Mojo Grade is Sell, upgraded from Strong Sell in November 2025, reflecting some stabilisation in outlook.
These factors collectively illustrate the complex dynamics influencing the stock’s recent price action and current market standing.
Unlock special upgrade rates for a limited period. Start Saving Now →
