02-07-2023 03:02 PM | Source: Accord Fintech
Hitachi Energy India declines on reporting 93% fall in Q3 net profit
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Hitachi Energy India is currently trading at Rs. 3003.70, down by 103.15 points or 3.32% from its previous closing of Rs. 3106.85 on the BSE.

The scrip opened at Rs. 3000.00 and has touched a high and low of Rs. 3010.45 and Rs. 2920.00 respectively. So far 2772 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4040.00 on 03-Mar-2022 and a 52 week low of Rs. 2699.75 on 15-Feb-2022.

Last one week high and low of the scrip stood at Rs. 3226.90 and Rs. 2920.00 respectively. The current market cap of the company is Rs. 12724.46 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 12.45% and 12.55% respectively.

Hitachi Energy India has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported fall of 92.57% in its net profit at Rs 4.58 crore for the quarter under review as compared to Rs 61.66 crore for the same quarter in the previous year. Total income of the company decreased by 8.49% at Rs 1,041.03 crore for Q3FY23 as compared Rs 1,137.58 crore for the corresponding quarter previous year.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all.