Hitachi Energy India Shares Rally Amid Strong Earnings and Mixed Broker Ratings
Hitachi Energy India shares have surged over 100% in 2026, reaching a record high of Rs 37,400, driven by strong Q4FY26 earnings, robust order inflows, and growth in transmission, renewables, and exports. While Jefferies maintains a 'BUY' rating with a price target of Rs 43,145 citing strong demand and HVDC projects, PL Capital downgraded the stock to 'Reduce' with a target of Rs 30,768, citing high valuations despite growth prospects and planned capital expenditure expansion.