Hitachi Energy India Outperforms Sector Amid Broader Market Surge and Strong Momentum

May 02 2025 10:50 AM IST
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Hitachi Energy India has demonstrated strong performance, achieving consecutive gains over four days and a notable increase in its stock value. The company has outperformed its sector significantly, with impressive returns over the past week and month. Additionally, it is trading above key moving averages, indicating robust momentum.
Hitachi Energy India has shown impressive performance today, gaining 3.28% on May 2, 2025. This increase marks a significant outperformance against its sector, exceeding it by 2.46%. The stock has been on a positive trajectory, achieving consecutive gains over the last four days, with a total return of 10.33% during this period.

Intraday, Hitachi Energy reached a high of Rs 14,955.90, reflecting a rise of 3.61%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.

In the broader market, the Sensex opened flat but surged by 569.50 points to reach 80,869.69, a 0.78% increase. Mega-cap stocks are leading this upward trend, with Hitachi Energy's performance standing out. Over the past week, the stock has gained 9.95%, and its one-month performance shows a remarkable increase of 19.72%. Year-to-date, Hitachi Energy has delivered a solid return of 3.39%, while its one-year performance stands at an impressive 51.92%.
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