Goldman Sachs Downgrade, Tax Orders, and Forecasts for NSE: POWERINDIA

Hitachi Energy India Limited (NSE: POWERINDIA, BSE: 543187) is back in the spotlight on 19 December 2025 after a sharp two-day swing that has traders debating whether the move is a routine cooldown—or the start of a deeper reset in a stock that has often priced in “perfect execution”.

In intraday trade on Friday, the Hitachi Energy India share price moved in a volatile band (roughly ₹17,960 to ₹18,448 during the session, as per exchange-linked trackers), with the stock still digesting Thursday’s steep fall. [1]

The day’s biggest trigger is a fresh broker note from Goldman Sachs, which cut its rating on the stock—while still lifting its price target—an unusual combination that tells you the debate is no longer “Is the…

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