Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian markets
Hitachi Energy India moved lower.
· ET Stocks, Economic Times Markets
Indian AI- and energy-linked stocks decline as a global technology sell-off deepens, with South Korea’s KOSPI plunging amid intensifying competition in the AI sector. Investors reassess AI valuations following sharp losses in Asian semiconductor stocks.
The analysis
Hitachi Energy India reported movement of 5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.2% on the day at ₹30,250.00, and has returned -6.1% over three months. It sits 21% below its 52-week high. The power sector has moved -14.3% over the same period, so Hitachi Energy India is running 8.2 points ahead of its peers.
For Hitachi Energy India, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Market context
- The company directly in focus is POWERINDIA.
- Sector exposure: Power, Real Estate.
- The immediate tone of coverage reads negative.
In this story
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