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.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The