|
Shares of Hitachi Energy India have rallied 9.61% in three consecutive sessions.
In the past one year, the stock has surged 114.26% while the benchmark Sensex has added 13.20% during the same period.
On the technical front, the stock's RSI (relative strength index) stood at 70.60. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 2892.54, 3055.21 and 2942.34, respectively.
Net profit of Hitachi Energy India rose 12.19% to Rs 61.66 crore on 6.71% rise in net sales to Rs 1094.54 crore in Q4 December 2021 over Q4 December 2020. The result was announced on 9th February 2022.
Hitachi Energy India (formerly known as ABB Power Products and Systems India) is the Indian arm of Hitachi Energy - a global leader in power technologies, providing the most comprehensive grid portfolio across the entire value chain.
|