Hitachi Energy India Shares Surge 10% on Strong Quarterly Results

Hitachi Energy India makes big machines that help carry electricity from power plants to homes and factories.

The company shared its results for the three months that ended in June, and the numbers were very good.

It earned a lot more money than it did in the same period one year ago.

Because investors were happy, they bought more shares, and the price jumped more than 10 percent in one day.

The company also has the biggest pile of future orders it has ever had, which means lots of work is coming.

The orders include projects for factories, data centres, and renewable energy projects.

It even won its first order to build a giant battery that stores electricity for later.

Some experts think the shares are a great buy and raised their price targets.

Others warn that the shares are already very expensive, so a few experts say to be careful.

Most experts, though, still recommend buying the stock.