Hitachi Energy: Price to Expectations Too High
Moneylife Digital Team 22 April 2022
Hitachi Energy India Ltd (HEI), previously known as ABB Power Products and Systems India Ltd, was carved out from ABB India and sold to Hitachi ABB Power Grids in 2019. This followed from ABB Ltd announcement, in December 2018, that it will divest its global power grids business unit into a joint venture (JV), where Hitachi would be the majority shareholder with 80.1% holding. HEI offers...
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