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Bullboard - Stock Discussion Forum Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Industrials
Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United... see more

TSX:HPS.A - Post Discussion

Hammond Power Solutions Inc > Reason for Volatility
View:
Post by retiredcf on Oct 21, 2024 6:42am

Reason for Volatility

The company announced its earnings date (October 29) but there was no other news. But the Canada dispute with India may have scared off some holders. HPS.A had $45M in revenue from India last year, not quite 10% of its total revenue. (5iResearch)

Comment by retiredcf on Oct 21, 2024 9:30am
Further to this, regarding the interview with the now outgoing Indian Ambassador to Canada, while the political tensions will continue, he doesn't think that the economic (trade) ties will be affected.  GLTA
Hammond Power Solutions Inc
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