Page 2 - Hitachi Energy India

MSCI rejig: Swiggy, Mazagon Dock among 4 entrants; $850 mn inflows likely

Swiggy, Mazagon Dock, Hitachi Energy, and Waaree Energies may join MSCI Index in August review, attracting $850 million in passive inflows

Hitachi India names N Venu as managing director with effect from June 2

Hitachi India on Thursday announced appointment of N Venu as its Managing Director, with effect from June 2, 2025. This follows the elevation of Hitachi's first Indian Managing Director Bharat Kaushal, Corporate officer, Hitachi Ltd to Executive Chairman Hitachi India with effect from April 1, 2025, a company statement said. N Venu will be the MD in addition to his current role as Managing Director & CEO, Hitachi Energy India and Region Head of South Asia at Hitachi Energy. As the Managing Director of Hitachi India, N Venu will focus on expanding Hitachi's legacy in India in line with Hitachi Group's new management plan - Inspire 2027. By strengthening the cohesion of around 28 Hitachi group companies in India, Venu will strive to create value for customers as Hitachi transforms into a digital-centric company and expand the Lumada business while creating synergetic opportunities for the organization, especially by integrating IT, OT (Operational Technology) ...

Breakout stocks! Max Financial, Hitachi, Solar Inds may rally up to 23%

Max Financial Services, Hitachi Energy and Solar Industries were trading above the higher-end of the Bollinger Bands on daily chart on Friday; here are the key levels to track on these 3 midcap stocks

This BSE500 stock zooms 101% in 4 months; hits new peak in weak market

Share price of Hitachi Energy India hit a new high of ₹17,550, soaring 6 per cent on the BSE in Thursday's intra-day trade in an otherwise weak market.

Hitachi Energy India Q4 results: PAT jumps 62% to 184 cr, dividend declared

Hitachi Energy India on Wednesday reported a nearly 62 per cent rise in net profit to Rs 183.9 crore for the March 2025 quarter, mainly on the back of higher revenues. The company had reported a net profit of Rs 113.7 crore a year ago, a company statement said. Its total income rose to Rs 1,921.85 crore in the quarter from Rs 1,699.20 crore in the year-ago period. The board of directors has recommended a final dividend of 300 per cent or Rs 6 per share of face value of Rs 2 each, subject to shareholders' approval at the ensuing annual general meeting. The dividend, if declared at the sixth AGM, will be paid/ dispatched after August 20, 2025, to those shareholders who hold shares in physical form and whose name appears on the company's register of members as holders of equity shares on August 13, 2025. During fiscal 2024-25, the net profit rose to Rs 383.98 crore from Rs 163.78 crore in the preceding fiscal. The total income increased to Rs 6,442.10 crore from Rs 5,246.78 crore a

Capital goods stock zooms 48% against QIP price in 2 months, hits new high

Hitachi Energy India hit a record high of ₹16,981.45, surging 6% on the BSE in Wednesday's intra-day deal ahead of Q4 results.

Hitachi elevates Managing Director Bharat Kaushal to executive chairman

Japanese conglomerate Hitachi on Thursday announced the elevation of its Indian Managing Director Bharat Kaushal to Executive Chairman. Kaushal is the first Indian Managing Director of Hitchi in India. He will also continue as acting Managing Director, Hitachi India, Corporate Officer, In charge of Regional Strategies (India), Hitachi Ltd. These changes are effective from April 1, 2025, Hitachi India said in a statement. This "strategic leadership transition to drive continued innovation and sustainable growth in India's digital transformation", the company said. Kaushal was appointed as the first Indian Managing Director in 2017 and since then he has been instrumental in demonstrating exemplary leadership and contributing significantly to the company's growth and success. His vision has propelled Hitachi India's expansion across various sectors, including energy, infrastructure, healthcare, e-education, financial inclusion and urban mobility, while fostering strong partnerships w

Hitachi Energy slips 3% after launching QIP at floor price of Rs 12,112.5

The company will be raising funds aggregation worth Rs 4,200 crore through the QIP, as informed by the company via a filing on January 18, 2025

Stocks to Watch, Feb 21, 2025: Religare Ent, CIE Automotive, TCS, Vedanta

Stocks to Watch, Feb 21, 2025: Here is a list of stocks that could be buzzing in trade today

Hitachi Energy India seeks shareholders' nod to increase borrowing limit

Hitachi Energy India on Thursday said it has sought shareholders' approval to raise its borrowing limit to Rs 11,500 crore. The company's current borrowing limit is Rs 6,500 crore -- Rs 5,000 crore towards non-fund based and Rs 1,500 crore towards fund-based limits from its bankers/financial Institutions or from anyone, it said in an exchange filing. Given the likely increase in business opportunities and new orders in the near future, the Board of Directors at their Meeting held on January 29, 2025, has provided their approval and recommended the same to the shareholders to increase the existing limit to Rs 11,500 crores by enhancing the non-fund based limit by Rs 5,000 crores. As a result, the revised limits would be Rs 11,500 crores consisting of Rs 1,500 crores towards fund-based limits and Rs 10,000 crores towards non-fund-based borrowing facilities. With the new high-value projects in pipeline, the company expects an increase in business growth in the near future. Such ...

Capital Goods shares under pressure; Siemens, Hitachi Energy down up to 10%

The BSE Capital Goods index slipped 4.6% in intra-day trades today, falling 7.5% in 2 days after the finance minister presented the Union Budget 2025-26 in the Parliament on Saturday

Capital goods index tanks 6% on capex disappointment in Union Budget 2025

RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.

Hitachi Energy shares hit 20% upper circuit on posting 498% jump in Q3 PAT

Hitachi Energy reported a 498 per cent increase in its consolidated net profit of Rs 137.38 crore as compared to a loss of Rs 22.97 crore a year ago

Hitachi Energy India Q3 result: Net profit surges to Rs 137.4 crore

Hitachi Energy India Limited on Wednesday posted a manifold jump in its profit after tax (PAT) to Rs 137.4 crore for the December quarter on account of higher revenues. Its PAT was Rs 23 crore during the October-December period of the preceding 2023-24 fiscal, the company said in a regulatory filing. The company's revenues increased 31 per cent to Rs 1,672.4 crore from Rs 1,276.4 a year earlier. It reported its highest-ever quarterly order of Rs 11,594.3 crore in the quarter ended December 2024. The surge can be primarily attributed to a large high-voltage direct current (HVDC) order to transmit renewable energy from Khavda in Gujarat to Nagpur, Maharashtra, the company said. At the close of December 31, 2024, the company recorded its highest-ever order backlog of Rs 18,994.4 crore, providing revenue visibility for the coming quarters. Excluding the one-time large HVDC order, the share of exports grew to over 40 per cent of total orders in Q3 FY25, with power quality, substation

Hitachi Energy India to seek shareholders' nod to raise Rs 4,200 crore

Hitachi Energy India will seek shareholders' approval to raise Rs 4,200 crore through issues of equity shares or other securities. In an exchange filing, the company said, the voting will start at 9 am on January 22 and continue till 5 pm on February 20. As per the notice, it will seek approval to raise up to Rs 4,200 crore by way of public or private offering, including a qualified institutions placement (QIP), to eligible investors through an issuance of equity shares or other eligible securities. The proceeds from the proposed issuance will be used towards meeting growth objectives, the filing said. The company has been pursuing both organic and inorganic growth opportunities. Additionally, there is an ongoing requirement for working capital and capital expenditure (capex) for the upgrade and expansion of businesses and ongoing projects. The generation of internal funds may not be sufficient to meet all the requirements of its growth plans, the company said. Therefore, it is .

Hitachi Energy India gains 5% as board to mull fundraising on January 18

"We wish to inform you that a meeting of the Board of Directors of the Company is scheduled on Saturday, January 18, 2025, to consider and approve the proposal for raising funds," filing read

Valuations factor in the positives for Hitachi Energy India's stock

Hitachi Energy is poised to benefit from its presence in high-growth segments such as renewable energy, transmission, data centres, e-mobility, railways, battery storage, etc

BHEL, Hitachi Energy rise up to 9% after securing Khavda Nagpur project

While Hitachi Energy did not specify the time period of the order in the filing, BHEL said that the order has to be completed by 2029

Hitach Energy India Q2 results: Net profit rises 111% to Rs 52 crore

Hitachi Energy India on Tuesday posted over 111 per cent jump in net profit to Rs 52.3 crore in the September quarter, mainly due to higher revenues. The company had reported a net profit of Rs 24.7 crore in the quarter ended on September 30, 2023, according to a company statement. According to the statement, the revenue for the July-September 2024 quarter was Rs 1,553.8 crore, 26.5 per cent higher than Rs 1,228.2 crore a year ago on the back of a favourable mix and good order execution during the quarter. In the quarter ended September 30, 2024, the orders totalled Rs 1,952 crore, up 11.7 pe cent year-on-year from Rs 1,747.1 crore in July-September 2023. Renewables led the charge -- from studies across utilities, power quality and substation projects. Expansion, upgrades and improved efficiency also resulted in orders from existing power plants, it stated. The service portfolio witnessed substantial year-on-year growth of 65 per cent. Orders included comprehensive overhauling of

What's driven a 200% rally in this power tech co in 2024 so far? Details

In the past three trading days, the stock price of Hitachi Energy India has surged 15% after the company announced its plans to invest around Rs 2,000 crore over the next four to five years.