Goldman Sachs bullish on Hitachi Energy amid strong order pipeline and market prospects

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Brokerage firm Goldman Sachs, cited a strong order pipeline, particularly in high-voltage direct current (HVDC) projects, as a key driver of future growth. Reflecting its positive outlook, Goldman Sachs has upgraded its target price for Hitachi Energy to ₹13,350 per share, up from the previous target of ₹8,250 per share, maintaining a ‘buy’ rating on the stock.

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