Hitachi Energy India has etched its name in the history of the Indian stock market by delivering an unprecedented return of over 124,000% in just five years. In April 2020, the stock traded at just ₹15, making it an attractive penny stock for risk-tolerant investors. By September 2025, it catapulted to ₹19,030 on the NSE, producing one of the most remarkable multibagger stories of the decade.

The Multibagger Journey

A hypothetical investment of ₹1 lakh in this scrip in April 2020 would now be valued at an astonishing ₹12.60 crore. This staggering growth rate, averaging more than 83% compounded annually, is rare even among India’s famous multibaggers.

Factors Behind the Surge

Strong Financial Performance: Consistent sales and profit growth, with sales growing from ₹3,236 crore in 2019 to ₹6,385 crore in 2025.

Focus on Renewable Energy: The company has leveraged India’s renewable energy ambitions, integrating wind and solar power into national grids.

Technological Leadership: Continued investment in technology and digital solutions for industries ranging from utilities to transport.

Institutional Interest: The stock has seen increased holdings by mutual funds and foreign investors over the years, signaling confidence in its long-term prospects.

Investment Takeaways

Even with such astronomical gains, the story reinforces the importance of research, conviction, and patience in stock investing. While lightning rarely strikes twice, identifying fundamentally strong companies in sunrise sectors remains the key to unlocking multibagger returns.

Final Thoughts

Hitachi Energy India's journey from a humble penny stock to a market behemoth is a testament to the potential of value investing in India. If you’re searching for inspiration or the next multibagger, studying the path of Hitachi Energy India offers many powerful lessons