Hitachi Energy India Q2 profit up 20.5% to Rs 318.5 crore

Hitachi Energy India reported Q2 FY27 profit of Rs 318.5 crore, and its daily chart shows an ascending triangle with a flat top near Rs 29,400. Hitachi Energy India Limited [ POWERINDIA ] reported Q2 FY27 results with net profit up 20.5% year on year to Rs 318.5 crore from Rs 264.4 crore. Revenue rose 63.5% to Rs 2,996.5 crore from Rs 1,832.6 crore. The stock closed at Rs 28,545 on 12 November 2026, down 1.91%. The market may react to these numbers today. The daily chart shows an ascending triangle. The upper line is flat near Rs 29,400 and the lower line is rising from the late October low. On 12 November the stock opened at Rs 29,370, failed to rise and fell to Rs 28,210. RSI stands at 48.23, above its average of 42.91. The trend is still down from the 52-week high of Rs 38,785, so the pattern needs confirmation. What next: A close above Rs 29,400 may confirm the triangle breakout. The Rs 29,650 to Rs 30,400 zone was earlier support and may now act as resistance. The rising line near Rs 28,000 and the 12 November low of Rs 28,210 are levels traders may watch. Conclusion: The setup stays neutral until price closes beyond the triangle. Disclaimer: I do not hold any position in the stock discussed. This content is informational, not a recommendation. Investments in securities are subject to market risks. Read all related documents carefully before investing.