# Hitachi Energy India (POWERINDIA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/powerindia

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹27,800
- Change: -1.42%
- As of: 2026-11-06
- 1D return: -1.42%
- 5D return: +2.11%
- 1M return: -10.13%
- Latest complete quarter: fy26_q4

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

POWERINDIA presents a conflicting technical picture as of 2026-11-06, with short-term bearish pressure overriding a longer-term bullish trend. The stock closed at ₹27,800, down 1.4% on the day following an extreme downward gap and an inside bar formation on the monthly chart. Daily momentum is clearly negative: price trades below all key moving averages (EMA/SMA 20/50/200) and the Supertrend, which is bearish. ADX at 27.2 confirms this daily downtrend has established strength. However, the monthly trend remains bullish (ADX 62.52), suggesting the current pullback is part of a larger consolidation within an uptrend.

Risk is elevated, with annualized volatility at 49.1% and a current drawdown of -27.7% from recent highs. The stock is positioned in the lower-middle of its 20-day range (+38.8%) but near the middle of its 252-day range (+51.6%). Immediate support lies at ₹27,618 (-0.65%), while resistance is clustered around ₹28,336 (pivot, +1.93%) and ₹28,918 (high, +4.02%). A break above ₹28,336 would be required to signal a potential reversal of the immediate downside, while a close below ₹27,618 could test further support at ₹27,036.

- Trend Conflict: Daily trend is bearish (price below all MAs/Supertrend, ADX 27.2), while monthly trend remains bullish (ADX 62.52).
- Price Action: Closed at ₹27,800 after a -1.4% drop and extreme downward gap; monthly inside bar suggests indecision.
- Key Levels: Support at ₹27,618 (-0.65%); Resistance at ₹28,336 (pivot, +1.93%) and ₹28,918 (high, +4.02%).
- Risk Profile: High volatility (49.1% annualized) with current drawdown of -27.7%; positioned in lower-middle of 20-day range.

- Inside Bar
- Bullish Engulfing Reversal
- Outside Bar
- Harami

### Official Filings

Hitachi Energy India Limited (NSE: POWERINDIA) has scheduled its Board of Directors meeting for November 12, 2026, to approve unaudited financial results for the second quarter and half-year ended September 30, 2026. An analyst conference call will follow on the same day from 6:00 PM to 7:00 PM IST to discuss operational and financial performance metrics. Additionally, the company has intimated one-on-one meetings with institutional investors Pictet AMC (November 13, 2026, in Bangalore) and Goldman Sachs (November 16, 2026, virtual). These interactions are conducted pursuant to SEBI Listing Regulations, relying solely on publicly available documents with no unpublished price sensitive information shared.

- Board Meeting Date: November 12, 2026, to consider Q2 FY27 and H1 FY27 unaudited financial results.
- Analyst Call: Scheduled for November 12, 2026, 6:00 PM–7:00 PM IST, open to general investors and analysts.
- Institutional Engagement: One-on-one meetings scheduled with Pictet AMC (Nov 13) and Goldman Sachs (Nov 16), strictly limited to public information.

- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026151955_IntimationofAnalystsorInvestorsCallNov132026.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_152259710.xml)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026152859_IntimationofAnalystsorInvestorsCallNov162026.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_153102157.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026160200_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026161058_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261102_162347659.xml)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)
- [MEETING DATE : 12-OCT-2026](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1737300_13102026081420_WEB.xml)

### Fundamentals

Hitachi Energy India (POWERINDIA) demonstrates a robust operational trajectory with accelerating earnings and improving financial health. For Q4 FY2025-26, revenue from operations rose sequentially to ₹2,754.05 crore, up from ₹2,082.21 crore in Q3, while Profit Before Tax increased to ₹443.35 crore from ₹347.78 crore. This quarterly momentum aligns with strong annual trends: TTM sales reached ₹9,162.0 crore and net profit surged to ₹1,150.0 crore, reflecting a TTM compounded profit growth of 136% and ROE of 22%. Earnings quality is supported by a sharp decline in interest costs, which fell to ₹12.0 crore on a TTM basis from ₹54.0 crore in Mar 2025, coinciding with a reduction in borrowings from ₹214.0 crore (Mar 2024) to ₹86.0 crore (Mar 2026). Capital efficiency has also improved, with ROCE rising to 29% in Mar 2026. However, the balance sheet shows significant expansion in fixed assets (₹845.0 crore) and CWIP (₹192.0 crore), indicating ongoing capacity building. The cash conversion cycle turned negative (-42 days in Mar 2026), driven by extended days payable (246 days), suggesting effective working capital management but requiring monitoring against inventory days, which rose to 119 days.

Key Points:
- Revenue and PBT grew sequentially in Q4 FY2025-26, with TTM net profit at ₹1,150.0 crore and ROE at 22%.
- Leverage decreased significantly; borrowings fell to ₹86.0 crore (Mar 2026) and TTM interest dropped to ₹12.0 crore.
- Capital intensity is rising, with Fixed Assets at ₹845.0 crore and CWIP at ₹192.0 crore as of Mar 2026.
- Working capital efficiency improved (CCC -42 days), though inventory days increased to 119 days in Mar 2026.

- Revenue and PBT grew sequentially in Q4 FY2025-26, with TTM net profit at ₹1,150.0 crore and ROE at 22%.
- Leverage decreased significantly; borrowings fell to ₹86.0 crore (Mar 2026) and TTM interest dropped to ₹12.0 crore.
- Capital intensity is rising, with Fixed Assets at ₹845.0 crore and CWIP at ₹192.0 crore as of Mar 2026.
- Working capital efficiency improved (CCC -42 days), though inventory days increased to 119 days in Mar 2026.

### Bear Case

Hitachi Energy India (POWERINDIA) exhibits significant near-term technical weakness and elevated volatility, presenting a cautious backdrop for investors. As of November 6, 2026, the stock closed at ₹27,800, down from its previous close of ₹28,200. Daily trend indicators are bearish, with the Supertrend signaling downside pressure and negative slopes across the 20-day EMA (-325.1), SMA (-825.75), and 50-day SMA (-563.6). The Average Directional Index (ADX) of 27.2 suggests moderate trend strength, while the Minus DI (30.44) significantly outweighs the Plus DI (19.57), indicating dominant selling momentum.

Volatility remains high, with annualized volatility at +49.1% and an ATR of 4.25%. The stock is currently in a deep correction, with a current drawdown of -27.7% against a maximum historical drawdown of -37.6%. Recent performance reflects this instability: returns are negative over the last day (-1.4%), one month (-12.1%), three months (-12.9%), and six months (-16.7%). While the monthly timeframe shows a bullish Supertrend and higher ADX (62.52), the immediate daily and weekly trends are bearish, with the weekly Supertrend also signaling downside. Immediate support lies at ₹27,618.33 (0.65% below), while resistance is noted at ₹28,336.67 (1.93% above).

- Daily technical trend is bearish: Supertrend is down, with negative slopes on the 20-day EMA (-325.1) and SMAs, and Minus DI (30.44) leading Plus DI (19.57).
- Elevated risk profile: Current drawdown stands at -27.7% with annualized volatility of +49.1%; recent 1-month return is -12.1%.
- Price action shows weakness: Closed at ₹27,800 on Nov 6, 2026, below previous close of ₹28,200; immediate support at ₹27,618.33.
- Mixed timeframes: While monthly trend remains bullish (ADX 62.52), weekly trend is bearish, suggesting short-to-medium term pressure.

- [Hitachi Energy, KFin, Jubilant Food flash bullish technical signs: Analyst](https://www.business-standard.com/markets/news/hitachi-energy-kfin-jubilant-food-flash-bullish-technical-signs-analyst-126110500084_1.html)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026151955_IntimationofAnalystsorInvestorsCallNov132026.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_152259710.xml)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026152859_IntimationofAnalystsorInvestorsCallNov162026.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_153102157.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026160200_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026161058_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261102_162347659.xml)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)

### FAQs

**What are the upcoming key dates for investor engagement and financial reporting?**

Hitachi Energy India’s Board of Directors will meet on November 12, 2026, to consider unaudited results for Q2 and H1 FY2027. A conference call follows from 6:00 PM–7:00 PM IST. Additionally, one-on-one meetings with Pictet AMC (November 13) and a virtual group meeting with Goldman Sachs (November 16) are scheduled.

**How has the stock performed over different time horizons as of November 6, 2026?**

The stock is up +50.4% year-to-date and +37.6% over the past year. However, it has declined -12.9% over three months and -16.7% over six months. The current price of ₹27,800.00 reflects a -1.4% change in the last trading day.

**What technical signals indicate the current market trend for this stock?**

Daily and weekly trends show bearish momentum, with the Supertrend direction signaling downside pressure. Despite this, the monthly trend remains bullish. Analysts have identified specific chart patterns and momentum indicators suggesting potential bullish reversals, though broader index resistance may influence consolidation.

**What are the immediate support and resistance levels for trading decisions?**

Key resistance lies at ₹28,336.67 (1.93% above), followed by ₹28,918.33. Immediate support is found at ₹27,618.33 (0.65% below), with stronger support at ₹27,036.67. The stock currently trades near these short-term levels after a high of ₹28,040.00 and low of ₹26,715.00.

- [Hitachi Energy, KFin, Jubilant Food flash bullish technical signs: Analyst](https://www.business-standard.com/markets/news/hitachi-energy-kfin-jubilant-food-flash-bullish-technical-signs-analyst-126110500084_1.html)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026151955_IntimationofAnalystsorInvestorsCallNov132026.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_152259710.xml)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026152859_IntimationofAnalystsorInvestorsCallNov162026.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_153102157.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026160200_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- [Hitachi Energy India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026161058_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261102_162347659.xml)
- [HITACHI ENERGY INDIA LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹28,336.67
- Risk regime: Price Risk Requires Attention

### Support levels
- 25420
- 24041.25
- 23400

### Resistance levels
- 29280
- 34957.5
- 35515

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.42% |
| return_10 | +5.70% |
| return_1m | -12.14% |
| return_1y | +37.58% |
| return_20 | -10.13% |
| return_3m | -12.85% |
| return_5 | +2.11% |
| return_6m | -16.72% |
| return_since_start | +80.19% |
| return_ytd | +50.42% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -37.64% |
| annualized_volatility | +49.13% |

## Quarterly financials

- Latest complete quarter: fy26_q4

# Revenue and Profit Hit New Highs, Year-on-Year Margin Expands

Hitachi Energy India Ltd. closed the financial year with its strongest quarter, as revenue and profit reached their highest levels. Revenue from operations surged 46% over the same quarter a year ago, and profit before tax rose nearly 80%. The improvement in profitability reflected revenue growth outpacing expenses on a year‑over‑year basis, while the sequential margin softened because other income fell and expenses edged up slightly faster than revenue.

## Revenue Growth Accelerates

Revenue from operations for the quarter ended 31 March 2026 was ₹2,754.05 crore, a 32.3% sequential increase from ₹2,082.21 crore in the previous quarter and a 46.2% jump from ₹1,883.68 crore in the same quarter last year. This is the highest quarterly revenue recorded. Sequential growth accelerated from 13.6% (Q3 over Q2) to 32.3%.

Total income, which includes other income, reached ₹2,811.42 crore, up 29.7% sequentially and 46.3% year over year. Other income fell to ₹57.37 crore from ₹85.80 crore in the prior quarter, which weighed on sequential profit comparisons.

## Expense Growth and Margin Dynamics

Total expenses rose 34.1% quarter‑on‑quarter to ₹2,368.07 crore (from ₹1,765.99 crore) and 41.4% year over year (from ₹1,675.18 crore). Because the 41.4% rise in expenses was slower than the 46.2% revenue growth, the year‑on‑year margin widened. On a sequential basis, expenses grew slightly faster than revenue (34.1% vs. 32.3%), contributing to a marginal margin pullback.

Breaking down the major expense items for the quarter:
- Cost of materials consumed: ₹1,586.28 crore  
- Purchases of stock‑in‑trade: ₹20.56 crore  
- Net changes in inventories (finished goods, WIP, stock‑in‑trade): ₹39.57 crore  
- Employee benefit expense: ₹174.05 crore  
- Depreciation and amortisation: ₹26.86 crore  
- Finance costs: ₹3.44 crore  

These identified items sum to ₹1,850.76 crore. The remaining ₹517.31 crore represents other operating expenses. Finance costs remained minimal, declining 42.6% from a year ago, consistent with a low‑leverage balance sheet.

## Profitability Reaches a High

Profit before tax stood at ₹443.35 crore, up 27.5% from the prior quarter and 79.7% from the year‑ago period. The PBT margin on revenue was 16.1%, compared with 13.1% in Q4 last year. Sequentially, the margin eased from 16.7% in Q3, largely because other income declined and expenses rose slightly faster than revenue.

The tax charge was ₹112.89 crore, translating to an effective tax rate of 25.5%, in line with rates of 24.8% (Q3) and 25.4% (Q4 last year). Net profit for the quarter was ₹330.46 crore, a 26.4% sequential gain and a 79.7% year‑on‑year rise. Net profit margin on revenue improved to 12.0% from 9.8% a year earlier.

## Earnings Per Share and Capital Base

Basic and diluted earnings per share both stood at ₹74.14, up from ₹58.65 in Q3 and ₹43.15 in the same quarter last year. The equity share capital remained unchanged at ₹8.92 crore throughout the year, so the increase in EPS directly mirrors the growth in net profit, with no dilution effects.

## Related Party Transactions

The audit committee approved related party transactions worth ₹2.13 crore during the quarter. In the same quarter last year and in Q2 of this fiscal year, no such transactions were approved. The amount is immaterial relative to the scale of operations and does not alter the overall financial picture.

## Key Takeaway

The fourth quarter capped a year of substantial growth, with revenue and profit reaching their highest levels. Revenue growth accelerated sharply both sequentially and year over year, and profitability improved meaningfully compared with the prior‑year quarter, as revenue grew faster than expenses. The sequential margin dipped as other income fell and costs rose a touch faster than sales, but underlying revenue momentum remained solid. Finance costs stayed very low, underscoring a conservative capital structure and a stable equity base.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +71.31%
- FII holding: +12.44%
- DII holding: +6.32%
- Mutual fund holding: +3.51%
- Retail holding: +8.25%
- Promoter pledged: +0.00%

### Major reported shareholders

- HITACHI ENERGY LTD — +71.31%

## Official filings

- 2026-11-06 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026151955_IntimationofAnalystsorInvestorsCallNov132026.pdf)
- 2026-11-06 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_152259710.xml)
- 2026-11-06 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_06112026152859_IntimationofAnalystsorInvestorsCallNov162026.pdf)
- 2026-11-06 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261106_153102157.xml)
- 2026-11-02 — Board Meeting Notice: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026160200_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- 2026-11-02 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_02112026161058_Q2FY2027BMIntimationandAnalystcallinvite.pdf)
- 2026-11-02 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20261102_162347659.xml)
- 2026-11-02 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)
- 2026-11-02 — Board Meeting Notice: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17850_WebXMLFile_20261102_162201685.xml)
- 2026-10-13 — Regulatory Filing: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1737300_13102026081420_WEB.xml)
- 2026-10-12 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_12102026233437_Outcome_of_Postal_Ballot_-_Covering_Letter_signed.pdf)
- 2026-10-09 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_09102026170638_Binder1.pdf)
- 2026-10-09 — Shareholding Disclosure: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1735055_09102026053840_WEB.xml)
- 2026-09-30 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_30092026185455_tradingwindow.pdf)
- 2026-09-30 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_17850_WebXMLFile_20260930_185648117.xml)
- 2026-09-17 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_17092026201714_investormeet.pdf)
- 2026-09-17 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20260917_202755378.xml)
- 2026-09-16 — Earnings Presentation: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_16092026181357_InvestorPresentation.pdf)
- 2026-09-16 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20260916_181835382.xml)
- 2026-09-12 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_12092026100028_Newspaper_Publication_Stock_Exchange_12092026.pdf)
- 2026-09-11 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_11092026185204_StockExchangeintimation.pdf)
- 2026-09-11 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_17850_WebXMLFile_20260911_185510939.xml)
- 2026-09-10 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HitachiEnergy_10092026150332_Intimation.pdf)
- 2026-09-10 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20260910_152119406.xml)
- 2026-09-10 — Generic Announcement: Hitachi Energy India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17850_WebXMLFile_20260910_152011828.xml)

## News and market events

- 2026-11-07 — The Hindu: **Muted markets, active managers: How equity MFs recast their portfolios in this Samvat** — Indian actively-managed equity funds attracted net inflows of ₹5.2 lakh crore and increased assets under management from ₹31 lakh crore to ₹35.4 lakh crore during the period between Diwali 2025 and Diwali 2026, leading to significant portfolio reshuffling across sectors. — [Source](https://www.thehindubusinessline.com/portfolio/mutual-funds/muted-markets-active-managers-how-equity-mfs-recast-their-portfolios-in-this-samvat/article71677679.ece)
- 2026-11-05 — BUSINESS: **Hitachi Energy, KFin, Jubilant Food flash bullish technical signs: Analyst** — Jatin Gedia of Teji Mandi Investment Technologies identified Hitachi Energy, KFin Technologies, and Jubilant FoodWorks as flashing bullish technical signals. The analysis cites specific chart patterns and momentum indicators for these stocks, while noting that the broader Nifty index is approaching a crucial resistance zone where consolidation may occur. — [Source](https://www.business-standard.com/markets/news/hitachi-energy-kfin-jubilant-food-flash-bullish-technical-signs-analyst-126110500084_1.html)
- 2026-10-30 — MONEYCONTROL: **E2E Networks, Hitachi Energy India, Mtar Tech, other AI-related shares fall up to 5% amid global sell-off** — Shares of E2E Networks, Hitachi Energy India, and Mtar Tech declined by up to 5% on the back of a broader global sell-off affecting AI-related equities. — [Source](https://www.moneycontrol.com/news/business/markets/e2e-networks-hitachi-energy-india-mtar-tech-other-ai-related-shares-fall-up-to-5-amid-global-sell-off-14064473.html)
- 2026-10-19 — BUSINESSTODAY: **Hitachi Energy, Karur Vysya Bank, HDB Financial: Stocks to trade — Key levels, targets & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, Karur Vysya Bank, HDB Financial Services, Hitachi Energy India, Karur Vysya Bank shares, HDB Financial shares, Hitachi Energy shares, Power India shares, Karur Vysya Bank share price, HDB Financial share price, Hitachi Energy share price, Power India share price, Karur Vysya Bank stock price, HDB Financial stock price, Hitachi Energy stock price, Power India stock price, Karur Vysya Bank target price, HDB Financial target price, Hitachi Energy target price, Power India target price — [Source](https://www.businesstoday.in/markets/stocks/story/hitachi-energy-karur-vysya-bank-hdb-financial-stocks-to-trade-key-levels-targets-stop-loss-562330-2026-10-19)
- 2026-10-19 — Mint: **India a keystone for Hitachi Energy supply chain amid global power crunch: CEO | Company Business News** — Hitachi Energy CEO Andreas Schierenbeck said rising demand from data centres and the shift from oil and gas to electricity across industries have intensified industrial power needs in recent years, creating a mismatch between supply and demand. — [Source](https://www.livemint.com/companies/news/india-a-keystone-for-hitachi-energys-supply-chain-amid-global-supply-crunch-says-ceo-andreas-schierenbeck-11792320006502.html)
- 2026-10-14 — BUSINESSTODAY: **Siemens Energy, Hitachi India, GE Vernova: Elara sees Rs 15 lk cr opportunity; check fresh targets** — Elara Capital power stocks, power transmission stocks, GE Vernova T&D India target price, Siemens Energy target price, Hitachi Energy target price, power equipment stocks, power transmission sector India, Elara Capital stock recommendations, transformer stocks, renewable energy stocks, India transmission investment — [Source](https://www.businesstoday.in/markets/stocks/story/siemens-energy-hitachi-india-ge-vernova-elara-sees-rs-15-lk-cr-opportunity-check-fresh-targets-561609-2026-10-14)
- 2026-10-14 — CNBC-TV18: **Industrials Stock Picks: Find out which stock is Elara Capital is betting on from the group** — Elara Capital said the transmission and distribution (T&D) equipment sector is entering its mid-cycle, with data centres, battery energy storage system (BESS), renewables and electrification broadening demand beyond conventional transmission. — [Source](https://www.cnbctv18.com/market/ge-vernova-td-siemens-hitachi-energy-india-share-price-elara-capital-top-pick-hvdc-capex-target-buy-sell-returns-20011448.htm)
- 2026-10-01 — MONEYCONTROL: **GE Vernova T&D India, Hitachi Energy India, CG Power to benefit from GEC-III: Nomura** — Nomura, Hitachi energy, hitachi shares today, hitachi stock price, GE Vernova T&D India, CG Power — [Source](https://www.moneycontrol.com/news/business/stocks/ge-vernova-t-d-india-hitachi-energy-india-cg-power-to-benefit-from-gec-iii-nomura-14042660.html)
- 2026-10-01 — CNBC-TV18: **PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia** — The PM Dhara scheme is expected to create a multi-year opportunity for transmission equipment makers, while railway and metro spending should support RITES and BEML, says Elara Securities' Harshit Kapadia. Which companies are best placed to benefit from these investments? — [Source](https://www.cnbctv18.com/market/pm-dhara-scheme-multi-year-opportunity-transmission-companies-elara-securities-hitachi-siemens-renewable-transmission-energy-kei-apar-beml-rites-polycab-vande-bharat-train-20002749.htm)
- 2026-10-01 — MONEYCONTROL: **Hitachi Energy India: Strong orders, broader growth opportunity** — MCPro, Moneycontrol Research, Stock Recommendation, Hitachi Energy India, Q1FY27 — [Source](https://www.moneycontrol.com/news/business/earnings/hitachi-energy-india-strong-orders-broader-growth-opportunity-14042539.html)
- 2026-10-01 — CNBC-TV18: **PM Dhara Scheme Unveiled - These stocks could be the likely beneficiaries** — Power Grid will be another potential beneficiary of this scheme, along with cables and power companies such as KEI Industries, Polycab, and others due to their Medium Voltage Power Cables (MV), and Extra High Voltage (EHV) power cables capabilities. — [Source](https://www.cnbctv18.com/market/pm-dhara-scheme-likely-beneficiaries-power-grid-ge-vernova-power-grid-polycab-cap-goods-share-price-capex-timeline-objectives-20002551.htm)
- 2026-09-30 — MONEYCONTROL: **BSE shares fall 2.5% on profit booking after Nifty inclusion; Ujjivan SFB, Siemens India rise up to 2.5% on F&O entry** — BSE share price, Wipro, F&O, option trading — [Source](https://www.moneycontrol.com/news/business/markets/bse-shares-fall-2-5-on-profit-booking-after-nifty-inclusion-ujjivan-sfb-siemens-india-rise-up-to-2-5-on-f-o-entry-14041872.html)
- 2026-09-29 — The Hindu: **BSE shares rise 1.6%, stock to replace Wipro in Nifty 50 reshuffle** — BSE’s inclusion in the Nifty 50 follows its six-month average free-float market capitalisation of ₹1,40,879 crore, compared with Wipro’s ₹55,930 crore — [Source](https://www.thehindubusinessline.com/markets/bse-shares-rise-16-stock-to-replace-wipro-in-nifty-50-reshuffle/article71522520.ece)
- 2026-09-28 — BUSINESS: **Hitachi Energy India Ltd Slides 1.81%** — Hitachi Energy India Ltd has lost 8.47% over last one month compared to 5.28% fall in BSE Capital Goods index and 4.57% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/hitachi-energy-india-ltd-slides-1-81-126092800211_1.html)
- 2026-09-26 — Mint: **Greed and Fear index: BEL, Adani Energy to Eternal | Chris Wood's Jefferies India portfolio has 22 stocks for long term** — Jefferies' Christopher Wood emphasizes India's structural growth, focusing on rising private investment, particularly in energy and manufacturing. The recent portfolio update reflects this shift, adding Hitachi Energy India while noting potential in sectors like solar and electrification. — [Source](https://www.livemint.com/market/stock-market-news/greed-and-fear-index-bel-adani-energy-to-eternal-chris-woods-jefferies-india-portfolio-has-22-stocks-for-long-term-11790402739237.html)
- 2026-09-25 — Economic Times: **Jefferies’ Chris Wood calls energy India’s best structural growth story; names Hitachi Energy as picks-and-shovels play** — Christopher Wood, the global head of equity strategy at Jefferies, identifies India's energy sector as a promising arena for growth, driven by the shift toward renewable energy sources like solar. Hitachi Energy India's CEO anticipates a significant 50% increase in energy demand by 2035, suggesting that electricity consumption could double. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/jefferies-chris-wood-calls-energy-indias-best-structural-growth-story-names-hitachi-energy-as-picks-and-shovels-play/articleshow/134480234.cms)
- 2026-09-25 — BUSINESSTODAY: **India vs China manufacturing: Where India stands as Jefferies flags scale, energy and capex gaps** — India vs China manufacturing: Where India stands as Jefferies flags scale, energy and capex gaps — [Source](https://www.businesstoday.in/latest/economy/story/india-vs-china-manufacturing-where-india-stands-as-jefferies-flags-scale-energy-and-capex-gaps-557843-2026-09-25)
- 2026-09-25 — BUSINESSTODAY: **Infosys derating: Indian fund managers treating IT stocks as reverse AI trade, says GREED & fear** — Infosys share, IT stocks, reverse AI trade, Hitachi share price, Exide share price — [Source](https://www.businesstoday.in/markets/stocks/story/infosys-derating-indian-fund-managers-treating-it-stocks-as-reverse-ai-trade-says-greed-fear-557795-2026-09-25)
- 2026-09-25 — CNBC-TV18: **11:11 | World reckons with India-China ties; end of West Asia war is for US to decide, says Pezeshkian** — Trump and Xi make little headway on AI and Taiwan. Iran’s President Masoud Pezeshkian says the US must decide whether to end the West Asia war. Nepal proposes a Himalayan climate mechanism with India and China, as Piyush Goyal explains why New Delhi stayed away from an FTA with Beijing. Plus, markets, Meesho, Asian Games gold and more in today’s 11:11 roundup. — [Source](https://www.cnbctv18.com/business/world-reckons-with-india-china-ties-end-of-west-asia-war-is-for-us-to-decide-says-pezeshkian-19998288.htm)
- 2026-09-25 — CNBC-TV18: **Chris Wood is betting on this capital goods stock for his India long-only portfolio** — Jefferies has a "buy" rating on Hitachi Energy India with a price target of ₹45,790, which is the second-highest price target on the street for the stock. — [Source](https://www.cnbctv18.com/market/hitachi-energy-india-share-price-chris-wood-india-long-only-portfolio-replacing-abb-india-electricity-demand-valuation-growth-returns-19998342.htm)
- 2026-09-25 — BUSINESS: **Bharat Heavy Electricals Ltd Spurts 1.05%** — Bharat Heavy Electricals Ltd has added 1.23% over last one month compared to 2.63% fall in BSE Power index and 5.09% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/bharat-heavy-electricals-ltd-spurts-1-05-126092500201_1.html)
- 2026-09-22 — MONEYCONTROL: **Mutual funds raise capital goods allocation amid broader capex opportunity even as valuations remain elevated** — Mutual Funds, capex — [Source](https://www.moneycontrol.com/news/business/markets/mutual-funds-raise-capital-goods-allocation-amid-broader-capex-opportunity-even-as-valuations-remain-elevated-14035244.html)
- 2026-09-22 — Times of India: **Top stocks to buy today: Stock market recommendations for September 22, 2026 - check list** — India Business News: Stock market recommendations: LIC Housing Finance, Supreme Industries, Hitachi Energy India, and Dr Reddy's Laboratories - these are the top stocks to. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-september-22-2026-lic-housing-finance-supreme-industries-hitachi-energy-india-dr-reddys-laboratories-stocks-to-buy-today/articleshow/134392458.cms)
- 2026-09-21 — Orissa POST: **India joins G20 energy consensus - OrissaPOST** — Washington: India has joined other G20 members in adopting four consensus outcomes covering household energy access, infrastructure approvals, water reuse and secure critical-mineral supply chains. The agreements were reached at the conclusion of the three-day G20 Energy Abundance Ministerial in Houston, Texas, according to a White House statement. Also Read Student suicide: IIT-Delhi faculty forum […] — [Source](https://www.orissapost.com/india-joins-g20-energy-consensus)
- 2026-09-18 — CNBC-TV18: **Dalal Street gains for 3rd straight day: 5 reasons behind today’s rally** — The Nifty Bank gained 303 points to 56,359, while the Midcap index climbed 759 points to 62,191. Market breadth favoured advances, with the advance-decline ratio at 2:1. — [Source](https://www.cnbctv18.com/market/dalal-street-gains-for-3rd-straight-day-5-reasons-behind-todays-rally-19993682.htm)

## Business profile

**Strategic vision:** Technology leader advancing sustainable energy future in India.

### Business segments
- **Power Transmission and Distribution Solutions:** Provides products, systems, and solutions for the entire energy value chain, from generation to transmission and distribution, supporting utilities, industries, and infrastructure sectors.
- **Grid Automation and Control:** Offers automation, protection, and control solutions including IEDs, SCADA systems, DMS, and cybersecurity for grid and substation automation.
- **Renewable Energy Integration:** Provides solutions for integrating renewable energy, including HVDC technology for efficient bulk power transmission and battery energy storage.

### Competitive strengths
- Extensive manufacturing footprint across India.
- Pioneering HVDC technology with significant deployment in India.
- Broad portfolio of products and solutions for the energy value chain.
- Long operational history in India spanning 75 years.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/powerindia
Markdown representation: https://faxioms.com/stocks/powerindia?render=md