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Quality Power Electrical shares jump 2% after bagging Rs 10 crore export order for Microsoft-linked Finland data centre

Quality Power Electrical shares jump 2% after bagging Rs 10 crore export order for Microsoft-linked Finland data centre

Business Upturn22-07-2025
By Aditya Bhagchandani Published on July 22, 2025, 09:43 IST
Shares of Quality Power Electrical Equipments Ltd rose over 2% today after the company announced it has secured a significant export order from a leading European customer for a hyperscale data centre project in Finland, reportedly associated with Microsoft.
The company disclosed in its regulatory filing that it has won an order worth approximately ₹10 crore to supply dry-type Shunt Reactors, which will be manufactured at its ISO-certified facility in Sangli, India. The order is expected to be completed within 12 months and marks a strategic entry into the data centre segment for the company.
These dry-type air core Shunt Reactors, compliant with IEC 60076-6 standards, are designed to stabilize voltage and manage reactive power in sensitive, high-performance environments like hyperscale data centres. Unlike oil-filled alternatives, these reactors offer reduced fire and environmental risks, making them ideal for mission-critical infrastructure.
Commenting on the development, Vivek Moroney, President – Operations, said:
'Securing this order following rigorous technical evaluations by Scandinavian utilities and consultants reaffirms our engineering capabilities and growing presence in global markets. This strategic entry into supplying for large-scale data centre applications strengthens our position internationally.'
At the time of writing, shares of Quality Power Electrical Equipments Ltd were trading at ₹844.85, up 2.18% on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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