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Hitachi Energy jumps 7% after Q1 results. Here's why Nomura initiated coverage on stock

Posted on August 10, 2026
By Business News Today
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Hitachi Energy jumps 7% after Q1 results. Here's why Nomura initiated coverage on stock

Hitachi Energy India shares jumped over 7% after the company reported a 123.5% YoY rise in Q1 FY26 profit. Nomura initiated coverage with a Buy rating and Rs 40,030 target, citing strong order inflows, rising T&D demand and multiple growth opportunities.