Clarification: Chennai project is not by Hitachi Energy India

Capex & Operations View source PDF Explain this filing

POWERINDIA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹17656.00

prior close

₹17582.00

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.5%-0.9% vs market

Heavy Electrical Equipment peers, median of 27sector-0.6%-0.8% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Midcap 150 and 0.8 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

-0.0

15m

-0.3

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-0.5-0.9-0.6-0.8

Next day

-1.1+0.1-1.2-0.4-0.7

-1.0+0.3-1.4+0.6-1.7

-3.3+0.2-3.5+0.2-3.5

-5.1-0.0-5.0+0.5-5.6

-5.9+0.7-6.6+0.2-6.1

-0.8+1.3-2.2+1.9-2.7

15d

+23.6+1.5+22.2-3.0+26.7

+21.6+2.7+18.9-1.5+23.0

+8.2-0.2+8.4-9.3+17.5

-4.8-0.1-4.7-16.8+12.0

UpDownMarket · Nifty Midcap 150Sector · Heavy Electrical Equipment peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hitachi Energy India clarified that a media report on a Rs 2,000 crore Chennai expansion and 3,000 jobs concerns Hitachi Energy Technology Services Private Limited, a wholly owned subsidiary of Hitachi Energy Ltd. in Switzerland. It does not pertain to Hitachi Energy India, which asked both exchanges to share the clarification.

Likely market impact

The project does not involve Hitachi Energy India. The filing aims to prevent investor confusion and does not announce a new company investment.