Hitachi Electrical Appliances
Shares of air-conditioner makers rally up to 7% amid heat wave alert
Analyst at Jefferies believes FY24E should see both Air-Conditioner (AC) and Engineering segments of Voltas being in a sweet spot.
 "Shares of air-conditioner makers rally up to 7% amid heat wave alert")
Is the capital goods sector on the recovery path as inflation eases?
Revenue growth estimates have moderated post Q2 but the bottom may be close
 "Is the capital goods sector on the recovery path as inflation eases?")
Hitachi Energy India net profit up 31% to Rs 52 cr in March quarter
Hitachi Energy India on Friday posted an over 31 per cent rise in net profit to Rs 51.68 crore for the March quarter, mainly on the back of higher revenues. The company had posted a net profit of Rs 39.44 crore in the quarter ended March 31, 2021, a BSE filing showed. Total income in the quarter under review rose to Rs 1,142.13 crore from Rs 1,023.77 crore in the year-ago period. The company follows the January to December fiscal year. The board of directors recommended a dividend of Rs 3 per share (150 per cent), subject to the approval of members at the forthcoming Annual General Meeting. It also re-appointed N Venu as managing director and CEO of the company for a further period of five years commencing December 2, 2022. Besides, the board reappointed the independent directors -- Akila Krishnakumar, Nishi Vasudeva and Mukesh Butani -- for a second term of five years commencing December 24, 2022. The re-appointments are subject to the approval of the shareholders. "The continu
 "Hitachi Energy India net profit up 31% to Rs 52 cr in March quarter")
Hitachi arm Highly Electrical Appliances eyes exports from Gujarat unit
Firm plans to hike local procurement from 36% to 85% in near future; eyes European market
 "Hitachi arm Highly Electrical Appliances eyes exports from Gujarat unit")
