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Reduce Siemens Ltd For Target Rs.3,554 - Yes Securities Another strong quarter; positives priced in Our view Siemens Ltd (SIEM) reported a healthy quarter led by broad-based revenue growth and ~200bps YoY expansion in EBITDA margin. A double digit revenue growth in both Smart Infra and DI, was accompanied by a sustained meteoric growth in Mobility (+48% YoY, +47% YTD) segment. While order inflow growth (+5% YoY) moderated on a high base, ordering pipeline remains robust driven by its strong positioning in mobility, infrastructure and energy ...
Reduce Siemens Ltd For Target Rs.3,554 - Yes Securities
Reduce Siemens Ltd For Target Rs.3,554 - Yes Securities
Source: Yes Securities Ltd
14/08/2023 3:13:05 PM
Siemens gains on reporting 39% rise in consolidated net profit for March quarter Siemens is currently trading at Rs. 3821.20, up by 24.35 points or 0.64% from its previous closing of Rs. 3796.85 on the BSE. The scrip opened at Rs. 3856.90 and has touched a high and low of Rs. 3856.90 and Rs. 3792.90 respectively. So far 10156 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3,856.90 on 12-May-2023 and a 52 week low of Rs. 2155.65 on 13-May-2022. Last one week high and low of the scrip stood a...
Siemens gains on reporting 39% rise in consolidated net profit for March quarter
Siemens gains on reporting 39% rise in consolidated net profit for March quarter
Source: Accord Fintech
12/05/2023 12:05:45 PM
Siemens India arm`s profit jumps 39% on strong order book Siemens Ltd, the Indian arm of German engineering company Siemens AG, reported a near-39% rise in quarterly profit, helped by a boost in infrastructure spending in the country. Consolidated net profit rose to 4.71 billion rupees ($57.59 million) in the second quarter ended March 31, from 3.40 billion rupees a year earlier, the company said on Thursday. Like its peers ABB India Ltd and Larsen & Toubro Ltd, Siemens has gained from government spending on infrastructure, especially rail...
Siemens India arm`s profit jumps 39% on strong order book
Siemens India arm`s profit jumps 39% on strong order book
Source: Reuters
11/05/2023 6:01:29 PM
India's Siemens posts Q1 profit surge as infrastructure spending rebounds Siemens Ltd, the Indian arm of German engineering company Siemens AG, reported an 85% rise in quarterly profit on Tuesday, driven by a rebound in infrastructure spending in the country. Siemens said its consolidated net profit nearly doubled to 4.63 billion rupees ($55.98 million) in the quarter ended Dec. 31, from 2.50 billion rupees a year earlier. The company, like many of its peers, has been reaping the benefits of renewed government spending on infrastructure, especially metros and...
India's Siemens posts Q1 profit surge as infrastructure spending rebounds
India's Siemens posts Q1 profit surge as infrastructure spending rebounds
Source: Reuters
15/02/2023 5:07:03 PM
Indian Railways authorises Siemens, India to maintain, manufacture 9000 HP locomotives Indian Railways has issued the Letter of Award (LoA) for Manufacturing and Maintenance of 9000 HP Electric Freight Locomotives to Siemens, India. The estimated value of the contract is about Rs 26,000 crore (about 3.2 Billion USD), excluding taxes and price variation. The Railways factory at Dahod will manufacture 1200 high horsepower (9000 HP) electric locomotives over a period of 11 years. It would entail manufacturing of 1200 locomotives and maintenance of these locomotives for 35 ye...
Indian Railways authorises Siemens, India to maintain, manufacture 9000 HP locomotives
Indian Railways authorises Siemens, India to maintain, manufacture 9000 HP locomotives
Source: IANS
24/12/2022 3:37:33 PM
We've capabilities to install passenger EV charging infra in India: Siemens  As the Indian government pushes for electric vehicle (EV) adoption and installing the public charging infrastructure, German industrial manufacturing major Siemens has stressed that it has proven capabilities to help the government realise its passenger EV mobility dream too. The company is currently working on the commercial EV mobility side in India, working with leading players like Ashok Leyland's EV arm Switch Mobility. Sunil Mathur, Managing Director and CEO, Siemens L...
We've capabilities to install passenger EV charging infra in India: Siemens
We've capabilities to install passenger EV charging infra in India: Siemens
Source: IANS
17/09/2022 12:38:46 PM
Siemens Digital Industries Software appoints new India biz head Siemens Digital Industries Software on Friday announced it has appointment Mathew Thomas as Country Manager and Managing Director for its India operations. Thomas succeeds Suprakash Chaudhuri with immediately effect, the company said in a statement. "His strong experience in business will help Siemens continue to develop solid relationships with our customers in the region, assist them in making the switch to a software-driven manufacturing strategy and open up fresh prospects for ...
Siemens Digital Industries Software appoints new India biz head
Siemens Digital Industries Software appoints new India biz head
Source: IANS
16/09/2022 3:00:17 PM
Hold Siemens Ltd For Target Rs. 2,156 - ICICI Securities Healthy growth outlook During Siemens post result analyst interaction, the management indicated recovery in industrial demand, which was weak for a prolonged period. Though covid second wave is likely to impact performance in the near term, the overall buoyancy of demand is expected to stay. The pandemic has accelerated adoption of automation and digitalisation solutions by industry. Segments that witness tailwinds currently are pharma, data centres, food & beverages, steel and chemica...
Hold Siemens Ltd For Target Rs. 2,156 - ICICI Securities
Hold Siemens Ltd For Target Rs. 2,156 - ICICI Securities
Source: ICICI Securities
5/07/2021 11:05:41 AM
Siemens India announces Covid-relief measures Siemens India has announced a slew of relief measures amid the pandemic and enhanced its contribution of Rs 40 crore towards Covid-relief. In April 2020, Siemens pledged a contribution of Rs 20 crore towards its efforts against COVID-19. Following the second wave of COVID-19, which has resulted in stretching the healthcare infrastructure in the country further, and the company has announced a further contribution of Rs 20 crore. A company statement said that its interventions range from...
Siemens India announces Covid-relief measures
Siemens India announces Covid-relief measures
Source: IANS
21/05/2021 2:48:12 PM
Buy Siemens India Limited Target Rs. 1950 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 Above views are of the author and not of the website kindly read disclaimer
Buy Siemens India Limited Target Rs. 1950 - Religare Broking
Buy Siemens India Limited Target Rs. 1950 - Religare Broking
Source: Religare Broking Ltd
3/05/2021 11:17:10 AM
Buy Siemens India Limited Target Rs. 1950 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 Above views are of the author and not of the website kindly read disclaimer
Buy Siemens India Limited Target Rs. 1950 - Religare Broking
Buy Siemens India Limited Target Rs. 1950 - Religare Broking
Source: Religare Broking Ltd
29/04/2021 10:44:17 AM