Hitachi Energy India's Stock Continues to Soar, Outperforming Sector and Market

Jul 02 2024 03:35 PM IST
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Hitachi Energy India, a leading player in the capital goods industry, has been performing exceptionally well in the stock market. Its stock has gained 3.68% on July 2nd and has consistently risen by 7.22% in the past three days. With a 'Buy' call from MarketsMojo and hitting a new 52-week and all-time high, the company shows strong potential for growth.


Hitachi Energy India, a leading player in the capital goods industry, has been making waves in the stock market with its recent performance. On July 2nd, the company's stock gained 3.68%, outperforming the sector by 2.73%. This positive trend has been consistent for the past three days, with the stock rising by 7.22% in that period.

The stock's performance has been so impressive that MarketsMOJO has given it a 'Buy' call. This is further supported by the fact that Hitachi Energy India hit a new 52-week and all-time high of Rs.13714.95 on the same day. This is a significant milestone for the company and shows its strong potential for growth.

Intraday, the stock reached a high of Rs.13714.95, which is a 5.33% increase from its previous close. This is a clear indication of the positive sentiment surrounding the company's stock.

Moreover, Hitachi Energy India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a strong indicator of the company's consistent performance and its ability to maintain a positive trend.

In comparison to the overall market performance, Hitachi Energy India has outperformed the Sensex by 3.28% in the past day and 17.4% in the past month. This shows that the company's stock is not only performing well in the short term but also in the long term.

With such impressive numbers and a 'Buy' call from MarketsMOJO, Hitachi Energy India is definitely a stock to watch out for in the capital goods industry. Investors can expect continued growth and positive returns from this largecap company.
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