BAJAJINDEF vs HPL: Stock Comparison
Indef Manufacturing Limited vs HPL Electric & Power Limited
Live data: 27 July 2026, 4:08 PM IST • Source: NSE and company filings
HPL Electric & Power Limited is the larger company by market capitalisation. Indef Manufacturing Limited shows a higher dividend yield, faster revenue growth and lower leverage, while HPL Electric & Power Limited shows a lower P/E, a higher ROE and a higher ROCE. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Side-by-side comparison of Indef Manufacturing Limited and HPL Electric & Power Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BAJAJINDEF | HPL |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Industrial Products | Industrial Products |
Price
| Metric | BAJAJINDEF | HPL |
|---|---|---|
| Live Price | ₹230.85 | ₹339.75 |
| Day Change | 0.26% | 1.87% |
| Volume | 14,350 | 58,133 |
| 52-Week High | ₹449.9 | ₹607.45 |
| 52-Week Low | ₹207.25 | ₹255.55 |
| Distance from 52W High | -48.69% | -44.07% |
Valuation
| Metric | BAJAJINDEF | HPL |
|---|---|---|
| Market Cap | ₹73,872 L Cr | ₹2,18,460.9 L Cr |
| P/E Ratio | 31.6x | 23.89x |
| P/B Ratio | 2.74x | 2.17x |
| EPS | ₹7.39 | ₹14.14 |
| Book Value | ₹84.3 | ₹155.57 |
| Dividend Yield | 0.87% | 0.3% |
Growth
| Metric | BAJAJINDEF | HPL |
|---|---|---|
| Revenue Growth (TTM YoY) | 28.4% | 5.5% |
| EPS Growth (TTM YoY) | -32.8% | -16.9% |
| Qtr Sales Growth | 28.4% | 5.51% |
| Qtr Profit Growth | -33.7% | -16.9% |
Profitability & Leverage
| Metric | BAJAJINDEF | HPL |
|---|---|---|
| ROE | 9.2% | 9.92% |
| ROCE | 9.45% | 13.5% |
| Net Margin | 11.38% | 5.03% |
| Operating Margin | 11.2% | 15.5% |
| Debt to Equity | 0.01x | 0.75x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | BAJAJINDEF | HPL |
|---|---|---|
| Promoter Holding | 69.61% | 72.66% |
| FII Holding | 1.11%▼ 0.46 pp | 0.75%▲ 0.24 pp |
| DII Holding | 0%▼ 0.13 pp | 0.1% |
| Public Holding | 29.28%▲ 0.59 pp | 26.49%▼ 0.24 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Indef Manufacturing Limited and HPL Electric & Power Limited.
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Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.