Hitachi Energy India jumps as Q2 profit rises five-fold

Hitachi

04/11/2025 06:36

** Shares of Hitachi Energy India HITN.NS jump 12% to 20,110 rupees, eye best day in 9 months

** Stock on track for best day since Jan 30

** Co's Q2 profit rises nearly five times to 2.64 billion rupees ($30.04 million); rev rises 18% y/y

** Strong orderbook, resilient margins, and strategic execution driving sustained growth, the company says

** 6 analysts on avg rate HITN "Hold"; median PT at 20,301 rupees- data compiled by LSEG

** YTD, HITN up 40%

($1 = 87.8950 Indian rupees)

(Reporting by Komal Salecha)

((Komal@thomsonreuters.com;))