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Hitachi Energy's additional capex excites, but valuations are steep

Hitachi Energy India’s shares hit a new 52-week high of 38,640 apiece on Friday, and are up almost 8% since it declared robust March quarter (Q4FY26) results. Hitachi also announced an additional 2,000 crore in capital expenditure, bringing its cumulative announced capex to 4,000 crore.


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