BSE Capital Goods index tanks nearly 4%; Hitachi Energy, ABB India slip 6%
BSE moved lower.
· Business Standard Mkts
In the past month, the BSE capital goods index slipped 12% as against a 2.8% decline in the BSE Sensex.
The analysis
BSE reported movement of 4%, 6% and 12%. 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 -3.2% on the day at ₹27,225.00, and has returned -12.9% over three months. It sits 29% below its 52-week high, which means a good deal of bad news was already in the price. The power sector has moved -13.2% over the same period, so Hitachi Energy India is running 0.3 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.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: Hitachi Energy India (POWERINDIA), in Power.
- On the day, 0 of 2 are higher: ABB India leads at -1.8% and Hitachi Energy India trails at -3.2%.
- Over three months: Hitachi Energy India -12.9% against Power -13.2% (0.3 points ahead); ABB India -12.1% against Capital Goods & Engineering -5.3% (6.8 points behind).
- At least 25% below the 52-week high: Hitachi Energy India (29%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Hitachi Energy IndiaPOWERINDIA · Power | ₹27,225.00 | -3.2% | -11.1% | -12.9% | -29.2% | 0.9× | — |
| ABB IndiaABB · Capital Goods & Engineering | ₹6,413.00 | -1.8% | -5.4% | -12.1% | -17.1% | 0.7× | — |
Power
1M -6.9% · 3M -13.2%
Hitachi Energy India
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
ABB India
Capital Markets
1M -2.9% · 3M -6.3%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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