Hitachi Energy India Achieves 52-Week High Amid Strong Financial Performance and Investor Confidence

Hitachi Energy India has made headlines today as its stock price reached a new 52-week high of Rs. 16,937.90, marking a significant milestone for the company. This achievement comes after a strong performance, with the stock outperforming its sector by 2.9% and gaining 13.72% over the last four days. The stock's intraday high reflects a 6.03% increase, showcasing its robust momentum.
In terms of financial health, Hitachi Energy India boasts a low Debt to EBITDA ratio of 0.65 times, indicating a strong ability to service its debt. The company has demonstrated impressive growth, with operating profit increasing at an annual rate of 21.55% and net profit soaring by 162.73%. Additionally, it has reported positive results for four consecutive quarters, with a notable growth in net sales of 27.07% over the past nine months.

Institutional investors have shown increasing confidence, raising their stake by 3.58% in the last quarter, now holding 17.3% of the company. With a remarkable one-year return of 70.85%, Hitachi Energy India continues to solidify its position in the capital goods industry.