Quality Power Electrical Equipments is currently trading at RS 1008.20, up by 34.20 points or 3.51% from its previous close of RS 974.00 on the BSE.

The scrip opened at RS 995.10 and has touched a high of RS 1049.00 and a low of RS 989.85 so far, with 72,738 shares traded. The BSE group 'B' stock of face value RS 10 has recorded a 52-week high of RS 1072.00 (24-Sep-2025) and a 52-week low of RS 270.60 (07-Apr-2025). Over the past week, the scrip’s high and low stood at RS 1072.00 and RS 937.40 respectively. The company’s current market capitalization is RS 7969.00 crore.

Promoters hold 73.91% of the company’s shares, while Institutions and Non-Institutions hold 7.97% and 18.12% respectively.

In a significant development, Quality Power’s material subsidiary Mehru Electrical and Mechanical Engineers has signed a co-development agreement with Hyosung T&D India, a wholly-owned subsidiary of Korea’s Hyosung Heavy Industries Corporation, for gas-insulated switchgear (GIS) instrument transformers.

This partnership makes Mehru one of the first Indian companies to co-develop GIS instrument transformer technology for global markets. It combines Hyosung’s expertise in advanced equipment and eco-friendly gas technologies with Mehru’s strength in high-voltage transformer manufacturing.

The agreement supports the Government of India’s Make in India initiative by reducing import dependence and positioning India as a credible global supplier in the fast-growing GIS segment. Products developed under this tie-up will be certified to IEC/IEEE international standards, with commercialization of the first set of transformers expected within 12 months.

Quality Power Electrical Equipments manufactures power products and provides services in power generation, transmission, distribution, and automation.