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Hitachi Energy India shares jump 8% as brokerages raise targets after Q2 beat

Hitachi Energy India shares jump 8% as brokerages raise targets after Q2 beat
Image: The Economic Times (India)

Hitachi Energy India shares surged after a strong Q2 performance, with revenue rising 64% YoY to Rs 2,997 crore, beating Jefferies’ estimates by 26%. EBITDA grew 36% to Rs 406 crore, while reported profit increased 20% to Rs 319 crore.

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