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Hitachi Energy India gains on higher quarterly profit

By Reuters News

- ** Shares of Hitachi Energy India HITN.NS rise 8.3% to 30,900 rupees, their highest level since October 12, 2026

** Stock on track for its biggest daily percentage gain since August 10, 2026

** Power transmission equipment maker reports 20.5% Y/Y increase in September-quarter profit to 3.18 billion rupees ($33.81 million) from 2.64 billion rupees

** Says total revenue from operations up 63.5% Y/Y to 29.97 billion rupees in the quarter

** Jefferies ("buy"; PT: 45,790 rupees) says September-quarter EBITDA beat its estimates by 6% and order flow jumped 86% Y/Y

** Stock rated "buy" on average by 20 analysts; median PT is 35,224 rupees - data compiled by LSEG

** Stock up 68.8% YTD




($1 = 94.0425 Indian rupees)

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