The downfall in Siemens' share price came after the company posted weak results for the first quarter ended December 31, 2024 (Q1FY25)
In its press statement, the company said its planned demerger of the energy business is on track
Siemens Q3 FY25 results: Consolidated revenue from operations fell marginally to Rs 3,587.2 crore in the October-December quarter
The BSE Capital Goods index slipped 4.6% in intra-day trades today, falling 7.5% in 2 days after the finance minister presented the Union Budget 2025-26 in the Parliament on Saturday
RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.
Technical chart shows that L&T, NTPC, Jain Irrigation seem to be placed favourably, while Siemens and Power Grid Corporation look weak. Here are the key levels to watch out on these 5 shares.
Siemens stock outlook: This stock from the engineering and capital goods industry could slide by another 18% if the key supports at Rs 5,600 and Rs 5,400 are violated shows technical chart.
Siemens has plans of capex of Rs 1,100 crore to expand capacity to meet incremental domestic and export opportunities
In its analysts meeting, the heavy electrical equipment company highlighted growth opportunities from new-age technologies such as semiconductors, batteries, photo voltaic, and electric vehicles
Siemens share price: Earlier, on June 4, 2024, Siemens share price had tanked 20 per cent in intraday trade
Siemens Ltd on Thursday announced the appointment of Harish Shekar as Chief Financial Officer of the company's energy business with effect from January 1, 2025. Shekar has been the head of accounting and controlling of Siemens Ltd, India since 2018, a BSE filing said. Prior to 2018, he held the position of head of shareholder controlling at Siemens AG, Germany, and was also responsible for Asia and Middle East as Country CFO of Egypt, with additional responsibility as energy sector controller. According to the filing, Shekar has been with Siemens for over 27 years, holding several senior management positions in India and abroad. His expertise spans corporate finance, mergers and acquisitions, accounting and audit. Before joining Siemens in 1997, he was with a leading financial services company. Shekar is a chartered accountant and a cost accountant. Meanwhile, the company also announced that Vineet Rastogi has been appointed as the head of accounting and controlling of the compan
Large order inflow is likely over next 12-24 months such as 4-5 high voltage direct current (HVDC) electric transmission, locos or train sets among others
Shares of Siemens climbed 5 per cent at Rs 7,614 a piece on the BSE in Wednesday intraday trade after reporting robust quarterly earnings in the fourth quarter of financial year 2023-24 (Q4FY24)
India development centre driving AI and generative AI-related development
Technical chart shows that the key momentum oscillators for these 5 NSE stocks have turned negative; In case of a pullback, here are the key resistance levels for these 5 stocks.
The capital goods sector's long-term outlook remains strong across segments as companies focus on energy transition globally, on top of manufacturing localisation and infra development pace in India.
BDL, Siemens and Colgate Palmolive among 5 stocks that look favourably placed on the technical charts for short-term gains; check key support, resistance levels here.