Hitachi Energy India zooms on winning orders of Rs 160 crore
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Hitachi Energy India is currently trading at Rs. 2771.50, up by 114.00 points or 4.29% from its previous closing of Rs. 2657.50 on the BSE.
The scrip opened at Rs. 2637.00 and has touched a high and low of Rs. 2790.00 and Rs. 2610.00 respectively. So far 4271 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2852.00 on 02-Dec-2021 and a 52 week low of Rs. 1199.20 on 27-Jan-2021.
Last one week high and low of the scrip stood at Rs. 2790.00 and Rs. 2564.80 respectively. The current market cap of the company is Rs. 11688.44 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 6.55% and 18.45% respectively.
Hitachi Energy India has won orders exceeding Rs 160 crore for its key electric components to support the electrification of the country’s rail routes. As the operator of the world’s fourth largest railway network, Indian Railways strives to achieve 100 percent electrification of broad-gauge routes by 2023. The government of India’s electric locomotive manufacturers, Chittaranjan Locomotive Works (CLW) and Diesel Loco Modernisation Works (DMW), part of Indian Railways, placed orders with Hitachi Energy for traction transformers for passenger and freight locomotives in the October-December 2021 period.
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all.
