POWERINDIA.NS vs. HAL.NS

Last updated Jun 13, 2026

POWERINDIA.NS (Hitachi Energy India Limited) and HAL.NS (Hindustan Aeronautics Limited) are both stocks. POWERINDIA.NS operates in Electronic Components (Technology), while HAL.NS operates in Aerospace & Defense (Industrials). Over the past 5 years, POWERINDIA.NS returned 79.15%/yr vs 78.89%/yr for HAL.NS. At a 0.23 correlation, their price movements are largely independent.

Performance

POWERINDIA.NS vs. HAL.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Hitachi Energy India Limited (POWERINDIA.NS) and Hindustan Aeronautics Limited (HAL.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POWERINDIA.NS achieves a 87.47% return, which is significantly higher than HAL.NS's -3.68% return.

POWERINDIA.NS

• 1D: 3.23%
• 1M: 8.13%
• YTD: 87.47%
• 6M: 75.71%
• 1Y: 101.57%
• 3Y*: 102.97%
• 5Y*: 79.15%
• 10Y*: —

HAL.NS

• 1D: 0.48%
• 1M: -9.23%
• YTD: -3.68%
• 6M: -1.75%
• 1Y: -14.42%
• 3Y*: 68.44%
• 5Y*: 78.89%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

POWERINDIA.NS vs. HAL.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
POWERINDIA.NS Hitachi Energy India Limited	87.47%	27.08%	173.87%	57.39%	32.59%	95.70%	90.10%
HAL.NS Hindustan Aeronautics Limited	-3.68%	6.15%	50.52%	352.89%	122.59%	50.17%	66.83%

Correlation

The correlation between POWERINDIA.NS and HAL.NS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Mar 30, 2020	0.23

Return for Risk

POWERINDIA.NS vs. HAL.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

POWERINDIA.NS

POWERINDIA.NS Risk / Return Rank: 89
POWERINDIA.NS Sharpe Ratio Rank: 92
POWERINDIA.NS Sortino Ratio Rank: 90
POWERINDIA.NS Omega Ratio Rank: 88
POWERINDIA.NS Calmar Ratio Rank: 87
POWERINDIA.NS Martin Ratio Rank: 88

HAL.NS

HAL.NS Risk / Return Rank: 20
HAL.NS Sharpe Ratio Rank: 18
HAL.NS Sortino Ratio Rank: 18
HAL.NS Omega Ratio Rank: 19
HAL.NS Calmar Ratio Rank: 26
HAL.NS Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

POWERINDIA.NS vs. HAL.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hitachi Energy India Limited (POWERINDIA.NS) and Hindustan Aeronautics Limited (HAL.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	POWERINDIA.NS	HAL.NS	Difference
Sharpe ratio: Return per unit of total volatility	2.39	-0.55	+2.95
Sortino ratio: Return per unit of downside risk	3.08	-0.63	+3.71
Omega ratio: Gain probability vs. loss probability	1.37	0.92	+0.45
Calmar ratio: Return relative to maximum drawdown	3.65	-0.49	+4.14
Martin ratio: Return relative to average drawdown	9.65	-1.14	+10.78

POWERINDIA.NS vs. HAL.NS - Sharpe Ratio Comparison

The current POWERINDIA.NS Sharpe Ratio is 2.39, which is higher than the HAL.NS Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of POWERINDIA.NS and HAL.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

POWERINDIA.NS vs. HAL.NS - Drawdown Comparison

The maximum POWERINDIA.NS drawdown since its inception was -40.31%, smaller than the maximum HAL.NS drawdown of -51.01%. Use the drawdown chart below to compare losses from any high point for POWERINDIA.NS and HAL.NS.

Drawdown Indicators

	POWERINDIA.NS	HAL.NS	Difference
Max Drawdown Largest peak-to-trough decline	-40.31%	-51.01%	+10.70%
Max Drawdown (1Y) Largest decline over 1 year	-28.75%	-30.33%	+1.58%
Max Drawdown (3Y) Largest decline over 3 years	-40.31%	-44.52%	+4.21%
Max Drawdown (5Y) Largest decline over 5 years	-40.31%	-44.52%	+4.21%
Current Drawdown Current decline from peak	-10.72%	-23.80%	+13.08%
Average Drawdown Average peak-to-trough decline	-8.74%	-17.82%	+9.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.89%	13.52%	-2.63%

Volatility

POWERINDIA.NS vs. HAL.NS - Volatility Comparison

Hitachi Energy India Limited (POWERINDIA.NS) has a higher volatility of 14.23% compared to Hindustan Aeronautics Limited (HAL.NS) at 6.43%. This indicates that POWERINDIA.NS's price experiences larger fluctuations and is considered to be riskier than HAL.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POWERINDIA.NS	HAL.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.23%	6.43%	+7.80%
Volatility (6M) Calculated over the trailing 6-month period	31.40%	22.13%	+9.27%
Volatility (1Y) Calculated over the trailing 1-year period	43.98%	26.71%	+17.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.65%	55.18%	-9.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.12%	49.70%	-5.58%

Dividends

POWERINDIA.NS vs. HAL.NS - Dividend Comparison

POWERINDIA.NS's dividend yield for the trailing twelve months is around 0.02%, less than HAL.NS's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HAL.NS Hindustan Aeronautics Limited	1.19%	0.91%	0.84%	0.62%	4.42%	4.79%	11.40%	5.42%
POWERINDIA.NS Hitachi Energy India Limited	0.02%	0.03%	0.03%	0.06%	0.09%	0.08%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both POWERINDIA.NS and HAL.NS in my portfolio?

POWERINDIA.NS and HAL.NS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.