HBL Power Systems: A Rising Star in Battery Sector

HBL Power Systems: A Rising Star in Battery Sector

Dil Bar Irshad | May 23, 2024 | 07:04 PM IST | Breaking News | Follow on Google News

HBL Power Systems: A Rising Star in Battery Sector

HBL Power Systems: A Rising Star in Battery Sector

Key Highlights:

1. Remarkable share price surge: HBL Power Systems’ shares have soared by 394% in the past twelve months alone, showcasing impressive growth.
2. Consistent long-term returns: Long-term investors have reaped staggering gains of 1254% over three years and an astonishing 2143% over five years.
3. Strong financial performance: For Q3FY24, the company reported a 230% growth in consolidated net profit and an 80% surge in revenue from operations compared to the same period last year.

HBL Power Systems, a leading player in the battery and power systems industry, has become an attractive investment option, demonstrating consistent upward momentum in its share prices. Over the past year, its shares have skyrocketed from ₹109 to ₹538.55 per share, reflecting a remarkable gain of 394%.

Dil Bar Irshad

Dil Bar Irshad is a seasoned journalist, hails from Jammu Kashmir's Doda, covers political, social, business stories, index stories.