Antique maintains its 'Buy' rating on Siemens with a target price of ₹3,767 per share, an upside of nearly 20 per cent from Friday's close
JM Financial has a 'Add' rating and raised its target price on Siemens "modestly" to ₹3,480, reflecting higher expected other income
Stocks to watch on December 9, 2025: TCC Concept, VTM, Bajaj Finserv and Welspun Corp are other key stocks on investors' radar today.
At the bourses, meanwhile, Nifty India Manufacturing index, which has outperformed the market by surging 26 per cent in the past nine months
The upgrade by Nomura comes on the back of a strong operational performance in Q4FY25, where Siemens delivered a meaningful beat despite pockets of muted demand.
Siemens posts mixed Q2FY26 results with strong mobility and smart infra growth, softer margins and below-estimate order inflows amid demerger-related adjustments
Siemens shares gained 3 per cent as analysts remained positive after the September quarter topline beat the street's estimates, even as profit fell
Citi said that it prefers execution leaders exposed to key thematics, with Cummins India and Bharat Electronics as its top picks
Ambit warns of weak demand, global competition, and margin risks for CG Power, Siemens
Siemens Q3 results review: Brokerages remain divided as Siemens posts mixed Q3 numbers; here's what they suggest
Q1 FY26 company results, August 8: Ceigall India, Akums Drugs, Cholamandalam Financial Holdings, and Lemon Tree Hotels will also release their April-June quarter earnings reports today
Siemens on Friday said it has secured two orders worth Rs 773 crore for providing advanced signalling and telecommunication technologies for Nagpur Metro Rail from Mahrashtra Metro Rail Corporation. The total time frame for project execution is about 42 months, a company statement said. According to the statement, Siemens Ltd has received two separate orders from Maharashtra Metro Rail Corporation Ltd (MAHA-METRO) aggregating to approximately Rs 773 crore. The orders are for the design, manufacture, supply, installation, testing, and commissioning of a Communication-Based Train Control signalling technology for the Nagpur Metro Rail Project Phase 2 (with augmentation of Phase 1), and advanced telecommunication technologies for the same phase. Covering 32 stations across a 43.8-kilometre network, the project leverages Siemens' Metro Rail technologies to enhance train frequency, improve passenger experience,and ensure the highest safety standards. The technologies will enable 100 per