Hitachi Energy up 32% in 10 days, hits record high. Should you buy or hold?

Business Standard
2025.11.10 23:56
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Hitachi Energy India shares surged 32% in 10 days, reaching a record high of ₹22,054.65, driven by strong Q2FY26 results with a 399.8% YoY growth in profit before tax. The company reported a revenue increase of 23.2% YoY, supported by a robust order backlog of ₹29,412.6 crore. Despite positive growth prospects, Motilal Oswal Financial Services maintains a 'Sell' rating due to high valuations, setting a target price of ₹18,000.

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