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2025-10-16 12:24:12 pm | Source: Motilal Oswal Financial Services Ltd
Buy Siemens Energy India Ltd for the Target Rs. 3,800 by Motilal Oswal Financial Services Ltd
Buy Siemens Energy India Ltd for the Target Rs. 3,800 by Motilal Oswal Financial Services Ltd

* We expect revenue to decline 2% YoY on a high base.

* Key monitorables include the status of capacity expansion, HVDC orders and margin trajectory.

* T&D sector ordering and execution ramp-up on commissioning of additional capacities will be in focus.

* We expect EBITDA margin to expand ~250bp YoY, with sequential improvement expected in power transmission and generation on better pricing.

* TP was increased to INR3,800 to factor in better execution.

 

 

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