Hitachi Energy India falls on quarterly profit decline

** Shares of Hitachi Energy India NSE:POWERINDIA fall 4.8% to 19,815 rupees, mark steepest intraday pct loss since June 6

** Electrical equipment manufacturer posts a 28% Q/Q decline in June-qtr profit to 1.32 billion rupees ($15.07 million)

** Revenue from operations drops 21.4% Q/Q

** HITN rated "hold" by 9 analysts on average; median target price is 16,870 rupees – data compiled by LSEG

** Stock up 37.6% YTD

($1 = 87.5980 Indian rupees)