Hitachi Energy India Ltd spurts 2.83%, gains for third straight session

Hitachi Energy India Ltd is up for a third straight session in a row. The stock is quoting at Rs 21900, up 2.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 25581.6. The Sensex is at 83512.25, down 0.03%. Hitachi Energy India Ltd has risen around 23.13% in last one month.

Meanwhile, Nifty Energy index of which Hitachi Energy India Ltd is a constituent, has risen around 1.77% in last one month and is currently quoting at 35921.6, down 0.03% on the day. The volume in the stock stood at 1.55 lakh shares today, compared to the daily average of 1.67 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 21830, up 2.46% on the day. Hitachi Energy India Ltd is up 69.08% in last one year as compared to a 7.11% spurt in NIFTY and a 4.76% spurt in the Nifty Energy index.

The PE of the stock is 132.3 based on TTM earnings ending September 25.

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