InCred Equities compares power transmission stocks including Hitachi and CG Power

Hitachi Energy India, CG Power, and Siemens Energy India are projected to benefit from capital expenditure in the power transmission and distribution market.

Hitachi Energy shares closed 0.89% lower at ₹30,669.25 on the BSE with a market capitalization of ₹1,36,700.09 crore on October 9.

InCred Equities maintained an Add rating for Hitachi Energy with a target price of ₹45,000 per share.