He succeeds Achim Michael Braun, who has resigned from the position of Non-Executive Non-Independent Director and Chairman of the Company, as well as from the Board committees
Motilal Oswal is bearish on Hitachi Energy has recommended sell rating on the stock with a target price of Rs 16500 in its research report dated July 30, 2025.
Stocks to Watch, 31 July: Stocks like Tata Steel, Aurobindo Pharma, Gujarat Gas, Navin Fluorine International, Hitachi Energy, Sagility India, InterGlobe Aviation, Mahindra and Mahindra, Brigade Hotel Ventures, and Jio Financial Services will be in focus on July 31.
Motilal Oswal is bearish on Hitachi Energy has recommended sell rating on the stock with a target price of Rs 12,500 in its research report dated May 15, 2025.
The company plans to use the money to fund capex needs, meet working capital requirements as well as for inorganic growth opportunities
Adani Green Energy was the top gainer within the pack, up 7 percent followed by Waaree Energies, Hitachi Energy and Torrent Power that gained 3-4 percent.
The market slipped back into the red after enjoying two days of strong gains as investors cheered for the BJP's landslide win in Maharashtra. Looking ahead, analysts feel valuations, FII selling and earnings growth will remain the key driver for market sentiment.
Motilal Oswal recommended Neutral rating on Hitachi Energy with a target price of Rs 12000 in its research report dated July 25, 2024.
Zurich-based Hitachi Energy, which makes transformers and large-scale power transmitters, operates a GCC in the country, where high power demand has led to the government ramping up generation, including in renewable energy.
Hitachi Energy's sustainable energy solutions and products are expected to gain good traction, HDFC Securities said.
Hitachi Energy said that the employees who may be affected have been informed and are being provided support, adding that the relevant data privacy, security and law enforcement authorities have been notified of the same.