In the past one week, the stock price of BHEL, Hitachi Energy India, Siemens Energy India and Cummins India have declined between 7 per cent and 12 per cent.
In the past two trading days, the BSE Sensex has slipped 1.6 per cent owing to the US tariff related uncertainties. In the same period, the BSE 500 index has shed 2.1 per cent.
At 03:13 PM; the BSE Capital Goods index was down 2.3 per cent, as compared to 0.91 per cent decline in the BSE Sensex.
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