Hitachi Energy India’s stock price increased following a significant order from Power Grid Corporation of India. The company will supply 30 units of 765 kV transformers. This order supports India’s growing energy needs and aligns with the ‘Make in India’ initiative. Demand for power transformers is rising due to renewable energy and industrial electrification.
Motilal Oswal sees 15–20% upside in L&T and BEL amid strong sector tailwinds
India’s capital goods sector is thriving, fueled by strong macro factors and sector-specific growth drivers. Defence, power, renewables, and infrastructure are witnessing robust order books,