Hitachi Energy India Stock Price: Hitachi Energy India shares rose by 20 percent on January 30 and got an upper circuit at Rs 12157.95. The company’s December 2024 quarter results were fiercely purchased in the stock. The company’s net profit was Rs 137.38 crore in the October-December 2024 quarter. This is 498 percent higher than the profit of Rs 22.97 crore a year ago. Revenue from operations increased by 27 percent to Rs 1,620.27 crore on an annual basis, which was Rs 1274.20 crore in the December 2023 quarter. Ebitda stood at Rs 168.9 crore.
Hitachi Energy India has a market cap of Rs 51500 crore. According to BSE, the stock price has increased by 116 percent in the last one year. At the same time, it has come down 21 percent so far in January. The company had a 75 percent stake in the company by the end of December 2024.
What does Hitachi Energy do
Hitachi Energy is a global technology company and provides solutions for the energy sector. Its focus is on advancing sustainable energy. It offers products and services in sectors such as electrification, automation, grid integration and renewable energy technologies. Its work includes everything from power transmission and distribution to digital solutions to manage energy systems.
FII’s investment in Indian shares was at 15 months in January, ₹ 2600 crore was removed on January 29 alone
The company’s shares saw a 52 -week high level of Rs 16,534.50 on 11 October 2024 on BSE. The 52 -week low of 5,636.80 rupees was recorded on 1 February 2024. Hitachi Energy India had freed itself by 31 December 2024.
Order of 11,594 crore received in Q3
In the October-December 2024 quarter, the company looked at orders of Rs 11,594.3 crore. These are the most orders received by the company in one quarter. These include a large HVDC order for renewable energy transmission from Gujarat to Maharashtra.