Quality Power Stock Climbs 2.6% as Company Breaks Ground on ₹700 Crore Global Coil Factory in Sangli
By Shishta Dutta | Published at: Jun 24, 2025 05:23 PM IST
June 24, 2-25 – Quality Power Electrical Equipments Ltd (NSE: QPOWER, BSE: 544367) surged 2.60% intraday to close at ₹626.55 as the company formally announced the groundbreaking of its state-of-the-art Global Coil Factory in Kupwad MIDC, Sangli. The facility marks a major strategic milestone for the recently listed electrical equipment maker, with commercial operations targeted by December 2026.
Stock Snapshot (as of 3:06 PM IST, June 24, 2025)
| Metric | Value |
|---|---|
| Last Traded Price | ₹626.55 |
| Change | +₹15.85 (+2.60%) |
| Day’s High / Low | ₹638.70 / ₹610.00 |
| Volume Traded (Lakhs) | 12.00 |
| Value Traded (₹ Cr) | 74.80 |
| Market Cap (₹ Cr) | 4,855.36 |
| 52-Week High (Today) | ₹638.70 |
| 52-Week Low (07-Apr-2025) | ₹267.80 |
| Adjusted P/E | 153.32 |
| Face Value | ₹10 |
| % Deliverable | 41.65% |
Strategic Project Overview: Global Coil Factory
Quality Power held the groundbreaking ceremony today for what will be one of the world’s largest manufacturing hubs for high-voltage air-core and oil-filled reactors. The ₹700+ crore plant will feature:
- 44 advanced winding lines
- A high-voltage testing laboratory
- IGBC Platinum-rated green infrastructure
- Strategic suppliers: Arwade Infrastructure Ltd, Kirby Building Systems, Electromech
“The project reflects our commitment to grid modernization globally. This is not just expansion; it’s a calibrated leap backed by deep market and internal insights,” said Joint Managing Director Bharanidharan Pandyan at the event.
The facility is being constructed to support global demand for components used in HVDC, STATCOM, and FACTS systems, aligning with India’s clean energy ambitions and international transmission grid upgrades.
Community & CSR Engagement
At the event, Independent Director S. K. Mishra presented a ₹10 lakh cheque to the Rotary Club to fund a Mobile Eye Care Van for diabetic retinopathy screening in rural Maharashtra reinforcing the company’s local community outreach.
Recent Listing & Industry Positioning
Quality Power was listed on NSE and BSE on 24 February 2025. In a short span, the company has demonstrated strong investor interest and rapid market cap expansion. With operations in over 100 countries and multiple facilities in India and Turkey, the company is now betting big on Sangli as its global manufacturing epicenter.
Quality Power Electrical Equipments Stock Performance
Quality Power Electrical Equipments Ltd shares closed at ₹626.55 on June 24, 2025. This is a 2.60% gain from the previous close. Quality Power Electrical Equipments Ltd shares have gained 61% over the last year, 61.1% year-to-date, and a 44% gain in the previous month.
About Quality Power Electrical Equipments
Quality Power Electrical Equipments Ltd is a leading player in the high-voltage equipment industry, serving clients in over 100 countries. The company manufactures advanced grid components for systems up to 765 kV and is part of the NIFTY IPO index. It maintains a strategic focus on green technologies, global expansion, and reverse integration to scale sustainably.
Regulatory Reference: This disclosure complies with Regulation 30 of SEBI (LODR), 2015, following the capital expenditure approval in the board meeting dated 27 May 2025.
REF: https://nsearchives.nseindia.com/corporate/QPOWER1234_24062025150119_IntimationofPressReleaseofNewCoilFactory24062025Sign.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
