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Nifty 500 at open: Hitachi jumps 11% on 64% Q2 revenue surge; Cupid falls despite record high
CNBC TV18 53 min ago·13 Nov 2026, 4:41 am
The Nifty 500 index opened with notable volatility as Hitachi Energy shares surged 11% following a strong earnings report. The company reported a 64% jump in its second-quarter revenue, driven by robust demand for power grids and infrastructure projects. This performance highlights the company's growing prominence in the energy sector and its ability to capitalize on global infrastructure trends. On the other hand, Cupid, a prominent player in the lifestyle and intimate wellness space, saw its stock decline despite trading at a record high. This divergence in performance underscores the varied market reactions to sector-specific news and earnings results.
For investors, Hitachi's rally signals a positive outlook for the power and energy infrastructure segment, potentially attracting interest from those focused on long-term growth in industrial stocks. Meanwhile, Cupid's drop, even at a record high, suggests that investors may be taking profits or reacting to broader market sentiment rather than the company's fundamentals. Market participants should monitor these trends closely to understand the underlying drivers of sector-specific movements and adjust their portfolios accordingly.
Excerpt from CNBC TV18
Published On Nov 13, 2026 | 10:11 IST Last Updated On Nov 13, 2026 | 10:11 IST Hitachi Energy jumps over 11% after Q2 profit rises 21%, while ITI gains over 7%. Amber Enterprises rebounds despite mixed results, as Cupid slides after hitting a fresh all-time high and Ola Electric falls after reporting a 39% revenue…Read the original at CNBC TV18
Key takeaways
- Category: Stocks.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
