Page 2 - Siemens India

TPG, other investors buy 90% stake in Siemens Gamesa's India wind business

The move comes as India, the world's third-largest energy consumer, pushes towards its goal of 500 gigawatts (Gw) of non-fossil fuel capacity by 2030

Siemens aims to boost factory capacity under Make in India initiative

Siemens looks to increase its factory capacity in the country under the Make in India initiative to meet both local and global demand, Matthias Rebellius, Member of the Managing Board of Siemens AG and CEO of Smart Infrastructure said. The global technology company looks to address both local and global needs for power generation, transmission, distribution, and rail transportation, Rebellius said in his address at the Elecrama 2025 event organised by IEEMA in Greater Noida. Siemens has shown a strong commitment to India by investing over Rs 9,000 crore since 2015, with an additional Rs 1,100 crore announced in November 2023, he said. "We aim to enhance our factory capacities under the Make in India initiative, addressing both local and global needs for power generation, transmission, distribution, and rail transportation," Rebellius said. With over 34,000 employees and 32 factories in India, Siemens recognises the country's ambitious economic goals and role as an innovation ...

Earnings downgrades a worry for Siemens India amid muted Q3 showing

The energy segment delivered good performance with revenue at ₹1,440 crore (+29 per cent Y-o-Y)

Weak Q1 show drags Siemens share price 4%; Should you buy, sell, hold?

The downfall in Siemens' share price came after the company posted weak results for the first quarter ended December 31, 2024 (Q1FY25)

Siemens Q3 results: Net profit rises 22% to Rs 614 crore, revenue drops 3%

Siemens Q3 FY25 results: Consolidated revenue from operations fell marginally to Rs 3,587.2 crore in the October-December quarter

Capital Goods shares under pressure; Siemens, Hitachi Energy down up to 10%

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

Siemens witnessed its steepest fall in 30-day period, down 28%; what next?

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.

Chambal Fertilizers, ONGC: Religare Broking's Ajit Mishra's 2 stocks to buy

Nifty today: Ajit Mishra of Religare Broking recommends maintaining a "sell on rise" strategy for the Nifty index while prioritising prudent stock selection

Siemens stock drops rapidly as management flags growth challenges ahead

Siemens has plans of capex of Rs 1,100 crore to expand capacity to meet incremental domestic and export opportunities

Siemens India share price down 3% after brokerages cut TP; Details here

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 shares slip 9%, record sharpest intraday fall in over six months

Siemens share price: Earlier, on June 4, 2024, Siemens share price had tanked 20 per cent in intraday trade

Harish Shekar to take over as CFO of Siemens Energy Business from Jan 1

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

Siemens Sep quarter net profit jumps 45% to Rs 831 crore on higher income

New orders in the quarter, the company said, were up 37 per cent to Rs 6,164 crore from a year ago

HPCL, Siemens, Petronet among 5 stocks with up to 22% downside risk

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.

ABB India, Siemens surge 5% on hopes of healthy September quarter earnings

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.

Navratri 2024: 5 largecap, midcap, smallcap stocks to buy for 10% upside

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 extends rally on solid outlook; stock zooms 91% thus far in CY 2024

Siemens is best placed to support India in its growth story, whether in energy, infrastructure, manufacturing or mobility, as per analysts

Stocks to Watch, June 11: IndiGo, Siemens India, PTC Industries, APL Apollo

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

Power stocks dip up to 19% on June 4; Adani Green, Adani Energy top losers

At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory

Stock market gives thumbs up to Siemens' strong performance in Q2

The company is expanding facilities across GIS, metro and transformers to cater to domestic and export demand