Siemens gains after op margins beat estimates

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Reuters
Last Updated : Apr 28 2014 | 10:35 AM IST

Reuters Market Eye - Shares in Siemens Ltd gain 2 percent after the domestic unit of Siemens AG posted January-March operating margins that beat some analyst estimates.

Siemens Ltd posted quarterly operating margin of 6.9 percent, the company filing on Friday showed. This compares with analyst estimates of 4-4.5 percent.

(Reporting by Abhishek Vishnoi)

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First Published: Apr 28 2014 | 10:32 AM IST

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