Capital Goods - Electrical Equipment · POWERIND
Electrical Equipments/HVDC
from 32,580 today
Hitachi Energy India delivered a revenue-led beat on the operational front in 1QFY27, supported by timely execution of orders across businesses and a robust order book. We maintain our HOLD rating with a revised target price of INR 35,289 based on a PE of 68x 1HFY29E EPS.
We upgraded our rating from 'Reduce' to 'Hold', supported by improved revenue visibility aided by healthy order backlog and better operating leverage, valuing the stock at P/E of 65x Mar'28E arriving at TP of Rs34,026.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
