Shares of Hitachi Energy India Ltd fell 3.87% to ₹20,020 on July 31 despite the company reporting robust year-on-year growth in Q1FY26. The market reacted to a miss on estimates, even as order activity remained strong.
The company posted a net profit of ₹131.6 crore for the quarter, significantly higher than ₹10.42 crore in the same period last year. Revenue rose 11.4% year-on-year to ₹1,479 crore from ₹1,327 crore. EBITDA surged to ₹155 crore from ₹47.9 crore a year ago, with margins expanding to 10.5% from 3.6%.
Despite the strong YoY growth, the results came in below market expectations, leading to a sell-off. The stock opened at ₹20,700 and hit a low of ₹19,950 during the session. It closed the previous session at ₹20,825. Today’s fall of ₹805 dragged the stock closer to its 52-week low of ₹8,801, though it remains significantly below its 52-week high of ₹21,350.
Trading volume for the day stood at 26,676 shares, with an average price of ₹20,278.72.
Disclaimer: The views expressed in this article are based on company disclosures and market data and do not constitute investment advice. Please consult your financial advisor before making any investment decisions.
