HPL Electric & Power Achieves Remarkable Gains Amid Broader Market Decline
HPL Electric & Power has experienced notable gains, marking its eighth consecutive day of increases and achieving a substantial return over this period. The stock is currently above several key moving averages, despite the broader market's decline, and has shown strong performance metrics over various time frames.
HPL Electric & Power has shown significant activity today, gaining 7.5% on May 20, 2025. The stock has outperformed its sector by 7.19%, marking its eighth consecutive day of gains, during which it has achieved a remarkable 23.88% return. The stock reached an intraday high of Rs 492, reflecting an increase of 8.38% for the day.In terms of moving averages, HPL Electric & Power is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. This performance comes amid a broader market context where the Sensex has experienced a decline of 0.24% after a flat opening, falling by 256.96 points to 81,859.21.
Despite the negative trend in the Sensex, HPL Electric & Power has demonstrated strong performance metrics over various time frames. Over the past week, the stock has risen by 12.85%, and over the last month, it has gained 8.89%. Year-to-date, however, it is down 11.28%, contrasting sharply with its impressive three-year performance of 686.64%.
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