Hitachi Energy India Ltd Hits Intraday High with 5.12% Surge on 3 Feb 2026

Intraday Trading Highlights

On 3 Feb 2026, Hitachi Energy India Ltd opened with a notable gap up of 3.8%, signalling strong buying interest from the outset. The stock continued its upward trajectory throughout the trading session, touching a peak of Rs 20,399.95, representing a 7.48% gain intraday. By the close, the stock recorded a day change of 5.12%, outperforming the Capital Goods sector, which gained 4.49%, and the Sensex, which rose by 2.79%.

The stock’s performance today also extended its recent positive trend, marking the second consecutive day of gains. Over these two days, Hitachi Energy India Ltd has delivered a cumulative return of 9.94%, underscoring sustained investor confidence in the stock’s near-term strength.

Technical Positioning and Moving Averages

Technically, Hitachi Energy India Ltd is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This broad-based technical strength indicates a solid upward momentum across multiple timeframes. The stock’s ability to maintain levels above these averages suggests robust buying support and a positive trend in price action.

In comparison, the Sensex is currently trading below its 50-day moving average, although the 50-day average remains above the 200-day average, indicating a mixed technical backdrop for the broader market. Despite this, Hitachi Energy India Ltd’s outperformance highlights its relative strength within the market.

Performance Relative to Sector and Market Benchmarks

Hitachi Energy India Ltd’s intraday gains outpaced the Heavy Electrical Equipment sector by 0.48%, reinforcing its position as a leading stock within the industry. The Capital Goods sector, which encompasses Heavy Electrical Equipment, recorded a gain of 4.49% on the day, while the Sensex rose by 2.79%, led primarily by Mega Cap stocks.

Over longer periods, the stock’s performance remains impressive. It has delivered a 1-week return of 19.54% compared to the Sensex’s 2.55%, a 1-month gain of 6.38% versus the Sensex’s decline of 2.11%, and a 3-month return of 11.34% against a flat Sensex performance. The stock’s 1-year return stands at 69.35%, significantly outperforming the Sensex’s 8.76% over the same period.

Year-to-date, Hitachi Energy India Ltd has gained 8.99%, while the Sensex has declined by 1.49%. Over a 3-year horizon, the stock’s return of 553.13% dwarfs the Sensex’s 37.98%, and over five years, the stock has surged 1,448.44% compared to the Sensex’s 67.04%. These figures highlight the stock’s strong historical performance relative to the broader market.

Mojo Score and Rating Update

On 2 Feb 2026, Hitachi Energy India Ltd’s Mojo Grade was upgraded from Hold to Buy, reflecting improved market sentiment and fundamental assessment. The stock currently holds a Mojo Score of 70.0, indicating a favourable outlook based on MarketsMOJO’s proprietary evaluation metrics. The Market Cap Grade stands at 2, categorising the company as a mid-cap within its sector.

This upgrade and the accompanying score reflect the stock’s enhanced quality and momentum, which have been validated by its recent price action and technical positioning.

Market Context and Sector Activity

The broader market on 3 Feb 2026 exhibited mixed behaviour. The Sensex opened sharply higher by 3,656.74 points but lost momentum to close down by 1,374.90 points, settling at 83,948.30, a 2.79% decline from the opening peak. Despite this volatility, the Sensex remains close to its 52-week high of 86,159.02, just 2.63% away.

Within this environment, Mega Cap stocks led the market, while mid-cap and sector-specific stocks like Hitachi Energy India Ltd showed resilience and outperformance. The stock’s ability to gain strongly amid a fluctuating market highlights its relative strength and sector leadership.

Capital Goods, the sector to which Hitachi Energy India Ltd belongs, recorded a solid gain of 4.49%, supported by robust demand and positive trading sentiment. This sector-level strength provided a favourable backdrop for the stock’s intraday surge.

Summary of Trading Action

Hitachi Energy India Ltd’s trading session on 3 Feb 2026 was characterised by a strong opening gap, sustained buying interest, and a peak intraday price that surpassed Rs 20,000 for the first time in recent sessions. The stock’s consistent gains over the past two days, combined with its technical strength and upgraded Mojo Grade, underscore a period of positive momentum.

Trading volumes and price action indicate that the stock remains in demand among market participants, with its performance outstripping both sector peers and the broader market indices. The stock’s positioning above all major moving averages further supports the view of a well-established upward trend.

Conclusion

Hitachi Energy India Ltd’s strong intraday performance on 3 Feb 2026, marked by a 7.48% high and a 5.12% closing gain, reflects its robust market standing within the Heavy Electrical Equipment sector. The stock’s technical strength, recent rating upgrade, and consistent outperformance relative to the Sensex and sector benchmarks highlight its current momentum. Despite broader market volatility, the stock’s trading action today confirms its position as a leading mid-cap player with sustained upward movement.

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