Hitachi Energy vs CG Power vs Siemens Energy: Hitachi Energy India, Siemens Energy India, CG Power and Industrial Solutions Limited are likely to be among beneficiaries in the power transmission and distribution market because of capex investment. Themes like urbanisation, industrialisation, electrification and automation, are likely to support the demand in the segment, according to InCred Equities report.
For investors who are planning to add power transmission and distribution theme stocks in their portfolio, here is a comparison of growth projections and stock outlook of Hitachi Energy, CG Power and Siemens Energy.
Hitachi Energy share price closed 0.89% lower at ₹30,669.25 per share on BSE with an Mcap of ₹1,36,700.09 crore on Friday, October 9. Its return on equity (ROE) stood at 82.02%. Its share price value was 73% in one year, 110% in two years, 678% in three years.
CG Power and Industrial Solutions share price closed 0.63% lower at ₹856.60 per share, with an Mcap of ₹1,34,954.62 crore. The stock’s return on equity (ROE) stood at 37.41%. The stock has delivered nearly 12.56% return in one year, 6.75% return in two years and around 107% return in three years.
Siemens Energy India share price closed 2.78% lower at ₹3101.45 per share on BSE with an MCap of ₹1,10,448.99 crore. The stock has declined 4.30% in one year.