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.
Siemens is best placed to support India in its growth story, whether in energy, infrastructure, manufacturing or mobility, as per analysts
Stocks to Watch today: Rahul Bhatia's promoter entity, InterGlobe Enterprises, is expected to off load around 2 per cent stake in IndiGo Airlines through a block deal on Tuesday
At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory
The company is expanding facilities across GIS, metro and transformers to cater to domestic and export demand
Announces demerger of energy business into a separate listed entity, incremental capex of Rs 500 crore
Siemens stock update: In past three months, since Q1 results, Siemens has appreciated by 54 per cent after the company reported healthy earnings.
Linde Plc, Siemens, and GE are three such entities that have made changes to their global business structures in the past few years
Rebellius, head of Siemens' Smart Infrastructure business, said India was a priority for future investments as it upgrades its electric grid and invests in renewable energy
In his outlook, Mathur said, 'Capex demand across segments, largely driven by Capex spending in Public Infrastructure, continues to be good. Private Capex is also beginning to pick up'
Siemens Ltd on Tuesday posted a 9.2 per cent rise in net profit at Rs 505.7 crore in the first quarter ended December 31 due to higher revenues. The company follows the October to September fiscal year. It had reported a net profit of Rs 462.7 crore in the October-December period of the preceding financial year, Siemens Ltd said in an exchange filing. Its total income rose to Rs 4,989.3 crore over Rs 4,116.8 crore a year ago. Expenses stood at Rs 4,311 crore as against Rs 3,495.7 crore in the first quarter of last fiscal. In a separate statement, the company said it has received new orders of Rs 5,971 crore in the first quarter, a 10 per cent increase over the same period of last year. The first quarter (result) includes significant gain of Rs 103 crore due to positive effects of foreign exchange and commodities, the company said. Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, "While strong revenues came in from our digital industries, smart
A near 10 per cent rally in November and restructuring of promoter holding are seen as reasons for the subdued reaction
"The expansion in capacities of both these products will enable the company to meet the growing demand both in India and globally," the company said
Once the demerged entity is listed, Siemens Energy is to ultimately acquire a controlling stake in the demerged energy business
Siemen AG's total stake in its Indian arm will jump to 69 per cent from 51 per cent at present
With this, the company's total stake in its Indian arm will jump to 69 per cent from 51 per cent earlier
Siemens AG spun off Siemens Energy in 2020 but Siemens Ltd, the Indian division which comprises business of both groups, remained integrated
The shares are currently worth about 3.3 billion ($3.5 billion). Siemens already owns 51% of the Indian business
India is one of the fastest-growing market in terms of adding incremental revenue
Several other TDP leaders have also been put under house arrest following the arrest of Naidu