Siemens gains on incorporating wholly owned subsidiary
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Siemens is currently trading at Rs. 4283.55, up by 37.70 points or 0.89% from its previous closing of Rs. 4245.85 on the BSE.
The scrip opened at Rs. 4299.95 and has touched a high and low of Rs. 4334.00 and Rs. 4228.90 respectively. So far 4221 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4334.00 on 30-Jan-2024 and a 52 week low of Rs. 3077.65 on 13-Feb-2023.
Last one week high and low of the scrip stood at Rs. 4334.00 and Rs. 4113.15 respectively. The current market cap of the company is Rs. 151771.33 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.60% and 9.40% respectively.
Siemens has incorporated wholly owned subsidiary company ‘Siemens Energy India’ (SEIL) on February 7, 2024. SEIL has been incorporated to engage in the energy business.
Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.
