Quality Power Stock Up by More Than 5% After Sukrut Electric Acquisition
By Ankur Chandra | Published at: Jul 10, 2025 01:22 PM IST
Mumbai, July 10, 2025 – Quality Power Electrical Equipments Ltd (NSE: QPOWER, BSE: 544367) rallied 5% to ₹753 on Thursday following its announcement of a strategic acquisition of Sukrut Electric Company Pvt. Ltd. through a 50:50 joint buyout with Yash Highvoltage Ltd.
At 1 p.m. IST, its stock price is up by 7.44% at Rs 769.
Strategic Acquisition Overview
The transaction involves a complete acquisition of Sukrut Electric, a Pune-based legacy manufacturer of transformer components, from its existing German promoter. This acquisition aligns two of India’s fast-growing high-voltage equipment manufacturers to scale up a trusted brand with global reach.
“Sukrut Electric is a legacy brand synonymous with trust, precision, and long-term relationships… this acquisition positions us to deliver critical technologies at scale,” said Bharanidharan Pandyan, Joint Managing Director, Quality Power.
“With the combined support of Quality Power and Yash Highvoltage, we aim to expand Sukrut’s product depth, modernize operations, and position it as a preferred supplier for global OEMs,” said Keyur Shah, CMD, Yash Highvoltage.
The deal is expected to close in the next two quarters following necessary due diligence and documentation.
Stock Performance Snapshot
| Metric | Value |
|---|---|
| Last Traded Price | ₹753 ▲ (5.25%) (as of 12:29 PM IST, July 10) |
| Previous Close | ₹715.75 |
| Day Range | ₹720.75 – ₹743.95 |
| 52-Week Range | ₹267.80 – ₹746.90 |
| Traded Volume | 7.87 lakh shares |
| Traded Value | ₹58.23 crore |
| VWAP | ₹739.63 |
| Market Capitalization | ₹5,703.76 crore |
| Free Float Market Cap | ₹1,154.04 crore |
| Adjusted P/E | 179.70 |
Order Book Snapshot
| Bid Qty | Bid Price (₹) | Ask Price (₹) | Ask Qty |
|---|---|---|---|
| 327 | 736.50 | 736.70 | 63 |
| 1 | 736.45 | 736.75 | 161 |
| 61 | 736.10 | 736.85 | 10 |
Total Buy Quantity: 44,139 shares
Total Sell Quantity: 95,691 shares
Quality Power Electrical Equipments Stock Performance
Quality Power Electrical Equipments shares are trading at ₹753.90, which is a 5.25% gain on July 10, 2025, as of 12:29 PM IST. Quality Power Electrical Equipments shares have gained 90% in the last year, up 42% in the previous month.
About Quality Power Electrical Equipments
Quality Power Electrical Equipments Ltd. is a publicly listed Indian multinational providing high-voltage power equipment and power quality solutions. The company has a global footprint with installations in over 100 countries and operates ISO-certified manufacturing facilities capable of producing up to 765 kV equipment.
About Yash Highvoltage & Sukrut Electric
Yash Highvoltage Ltd., listed on the BSE SME platform, is a top Indian manufacturer of extra-high-voltage condenser-graded transformer bushings, with over 35,000 units installed worldwide. Sukrut Electric, established in 1967 and based in Pune, is a key supplier of transformer components to major Indian and global transformer OEMs.
REF: https://nsearchives.nseindia.com/corporate/QPOWER1234_09072025153519_IntimationofPressRelease09072025finalSign.pdf
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