Siemens rises on winning order worth Rs 55 crore for High Voltage Circuit Breakers

28 May 2015 Evaluate

Siemens is currently trading at Rs 1379.55, up by 17.65 points or 1.30% from its previous closing of Rs 1361.90 on the BSE.

The scrip opened at Rs. 1350.00 and has touched a high and low of Rs 1391.00 and Rs 1344.00 respectively. So far 14893 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs 1499.55 on 13-Mar-2015 and a 52 week low of Rs 770.00 on 16-Oct-2014.

Last one week high and low of the scrip stood at Rs 1400.00 and Rs 1334.50 respectively. The current market cap of the company is Rs 48790.20 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 13.95% and 11.05% respectively.

Siemens has won an order, together with Siemens Algeria, for approximately Rs 55 crore for supply of High Voltage Circuit Breakers from Comptoir Algerien du Materiel Electrique et Gazier (CAMEG Spa), a subsidiary of the Sonelgaz Group (state-owned utility in charge of electricity and natural gas distribution company in Algeria). The High Voltage Circuit Breakers will be installed in various substations across Algeria.

Siemens is the flagship listed company of Siemens AG in India and is a major player in the electronics and electrical engineering business. Germany’s Siemens AG holds a 75 per cent stake in the company.

Siemens Share Price

6831.15 -35.90 (-0.52%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1660.20
Siemens 6831.15
Apar Inds 10169.40
Waaree Energies 2931.95
ABB India 6960.00
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