Hitachi Energy Stock Electrifies Dalal Street With Rs 2,428 Returns; Stock Up 13% Post Q2 Result; Time To Buy?

Hitachi Energy Share Price Today: Shares of Hitachi Energy posted their best-ever single-day performance on Tuesday, a day after the company announced its second-quarter results.

Hitachi Energy's share price was trading 13.5% higher at Rs 20,365 per share on BSE, with a market capitalisation of Rs 90,714.79 crore. The stock had touched an intraday high mark of Rs 20483.35 per share.

Hitachi Energy Q2 Result Review

Hitachi Energy's profit for the period stood at Rs 264.36 crore in Q2FY26 against Rs 52.29 crore reported in the year-ago period. The profit after tax (PAT) for the company was above Motilal Oswal's estimate of Rs 1.9 billion. However, the revenue from operations stood at 12% lower than estimates due to weaker-than-expected revenue during the quarter, according to the Motilal Oswal report.

Despite lower revenue, the better-than-expected EBITDA margin of 16.3%, higher other income, and a lower tax rate, helped the firm to post strong profit after tax.

"Order inflows grew 14% YoY to INR22.2b, taking the order book to INR294b. Growth in inflows was led by the large orders for gas-insulated switchgear (GIS) and air-insulated switchgear (AIS) stations and locomotive transformers. In terms of segment, industries and renewables were the key contributors to the order book, followed by transmission and transport," stated MOFSL in its report.

Hitachi Energy Share Price Recommendations

Despite HItachi Energy's strong performance, the brokerage maintained a 'Sell' rating for the stock. The target price for Hitachi Energy will be revised post conference call. Meanwhile, Antique Broking in its report, released earlier on Tuesday, has maintained a 'Buy' rating for Hitachi Energy stock with a target price of Rs 20,034 per share. As the stock has jumped nearly 13% and has crossed the target price set by the brokerage, investors can wait to for some correction.

Hitachi Energy Q2 Recap

The company had reported a strong net profit after tax at Rs 264.3 crore during the quarter under review. Hitachi Energy also saw a 13.6% jump in its orders, whereas revenue jumped around 23.3%. The company's order backlog stood at Rs 29,412.6 crore.

"The country has successfully built-up its non-fossil fuel energy installed base, to 50 percent of its electricity generation capacity. This notable milestone brings with it the challenges of seamlessly integrating intermittent, distributed energy into the national grid. It is essential that we enhance the resilience, reliability, and intelligence of the whole energy ecosystem to ećectively deploy the expanding capacity," noted N Venu, Managing Director & CEO, Hitachi Energy India Ltd.