HITACHI ENERGY share price has zoomed 5% and is presently trading at Rs 11,400.1.
Meanwhile, the BSE POWER index is at 7,315.8 (up 0.7%).
Among the top gainers in the BSE POWER index today are ABB (up 1.8%) and Siemens (up 1.4%).
Thermax (down 2.6%) and ADANI GREEN ENERGY are among the top losers today.
Over the last one year, HITACHI ENERGY has moved up from Rs 4,361.1 to Rs 11,400.1, registering a gain of Rs 7,039.0 (up 161.4%).
On the other hand, the BSE POWER index has moved up from 4,638.5 to 7,315.8, registering a gain of 57.7% during the last 12 months.
The top gainers among the BSE POWER index stocks during this same period were Siemens (up 92.7%), TORRENT POWER (up 91.6%) and KEC INTERNATIONAL (up 69.9%).
The BSE Sensex is at 77,548.0 (up 0.3%).
The top gainers among the BSE Sensex today are Nestle (up 2.0%) and Tech Mahindra (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 23,590.1 (up 0.6%). NTPC and Trent are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 77,548.0, registering a gain of 11,872.1 points (up 18.1%).
HITACHI ENERGY net profit grew 111.4% YoY to Rs 523 million for the quarter ended September 2024, compared to a profit of Rs 247 million a year ago. Net sales rose 26.5% to Rs 15,537 million during the period as against Rs 12,280 million in July-September 2023.
For the year ended March 2024, HITACHI ENERGY reported 74.4% increase in net profit to Rs 1,638 million compared to net profit of Rs 939 million during FY23. Revenue of the company grew 17.2% to Rs 52,375 million during FY24.
The current Price to earnings ratio of HITACHI ENERGY, based on rolling 12 month earnings, stands at 242.4.
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