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Hitachi Energy India Limited ( (IN:POWERINDIA) ) has provided an announcement.
Hitachi Energy India Limited announced the approval of a qualified institutions placement of equity shares, with the Fund Raise Committee authorizing the opening of the issue and setting a floor price of ₹12,112.50 per share. This strategic move is expected to bolster the company’s capital base, potentially enhancing its market position and operational capabilities in the energy sector.
More about Hitachi Energy India Limited
Hitachi Energy India Limited operates in the energy sector, focusing on providing innovative solutions for power grids and energy systems. The company specializes in delivering products and services that enhance the efficiency, reliability, and sustainability of energy infrastructure.
YTD Price Performance: -15.71%
Average Trading Volume: 5,539
Current Market Cap: 553B INR
Learn more about POWERINDIA stock on TipRanks’ Stock Analysis page.