Introduction:
Leading electrical equipment manufacturer has acquired a 51% stake in Mehru Electrical & Mechanical Engineers for ₹120 crore. This strategic move enhances high-voltage instrument transformer capabilities, strengthens technological expertise, and expands global market reach, reinforcing its position in the power transmission and utility sectors.
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Share price movement of Quality Power:
On March 7, 2025, Quality Power Electrical Equipments Ltd opened at ₹340.00, up 0.59% from its previous close of ₹338.00. The stock reached a high of ₹374.30 (10.73%) and a low of ₹338.60. By 12:04 PM, it traded at ₹358.00, a 5.92% increase, with a market cap of ₹2,772.50 crore.
Quality Power Acquires Mehru Electrical:
Quality Power Electrical Equipments Limited (QPEEL) has acquired a 51% stake in Mehru Electrical & Mechanical Engineers Pvt Ltd for ₹120 crore through a Share Purchase Agreement. This strategic acquisition aims to strengthen QPEEL’s expertise in high-voltage instrument transformers.
The acquisition will enhance QPEEL’s technological capabilities and expand its presence in global markets. Mehru Electrical & Mechanical Engineers specializes in manufacturing high-voltage transformers for utilities, industries, and power transmission networks, making it a valuable addition to QPEEL’s portfolio of advanced electrical solutions.
With this deal, QPEEL reinforces its position in the electrical equipment sector while leveraging Mehru’s unique technology and market reach. The company aims to scale its manufacturing operations and cater to increasing demand for high-voltage transformers worldwide, further boosting growth opportunities.
Recent news on Quality Power:
As of February 24, 2025, Quality Power Electrical Equipments Ltd debuted on the stock exchanges with a 1.66% premium, listing at ₹432.05 on BSE and ₹430 on NSE, valuing the company at ₹3,291 crore at the upper price band.
Stock performance of Quality Power for Period of 1 week:
Quality Power Electrical Equipments Ltd saw a 10.5% decline in its stock price over the past week. The downturn reflects market volatility, despite the company’s recent strategic acquisitions and expansion efforts aimed at strengthening its position in the electrical equipment sector.
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Shareholding pattern of Quality Power:
| Particulars | Feb 2025 |
| Promoter | 73.90% |
| FII | 7% |
| DII | 13.10% |
| Public | 6.30% |
About Quality Power:
Quality Power Electrical Equipments Ltd (NSE: QPOWER) specializes in energy transition equipment and power technologies. It provides high-voltage electrical solutions for power generation, transmission, and distribution, catering to global clients in grid connectivity and automation sectors since its incorporation in 2001.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
