Siemens rises on setting up production facility for bogies in Aurangabad

10 Nov 2022 Evaluate

Siemens is currently trading at Rs. 2932.75, up by 18.10 points or 0.62% from its previous closing of Rs. 2914.65 on the BSE.

The scrip opened at Rs. 2907.40 and has touched a high and low of Rs. 2938.50 and Rs. 2888.85 respectively. So far 1776 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3136.80 on 15-Sep-2022 and a 52 week low of Rs. 2023.15 on 29-Nov-2021.

Last one week high and low of the scrip stood at Rs. 3012.30 and Rs. 2881.90 respectively. The current market cap of the company is Rs. 104450.07 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.55% and 9.45% respectively.

Siemens has set up a state-of-the-art factory in Aurangabad to address the increasing demand in India and across the world. The factory will deliver over 200 bogies towards an export order. The bogies are based on the proven global design concept from Siemens - SF30 Combino Plus that offers best-in-class passenger experience and easy maintenance.

The factory has a highly flexible production line capable of meeting domestic and global rolling stock requirements. It manufactures high-performance bogies for passenger, coaches, locomotives, electric multiple units, trams and metros. The Mobility business of Siemens is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems as well as related services. With digitalization, it is enabling mobility operators to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability.

Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.

Siemens Share Price

6703.75 50.00 (0.75%)
26-Dec-2024 16:59 View Price Chart
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Company Name CMP
Havells India 1676.80
Siemens 6703.75
Apar Inds 10158.15
Waaree Energies 2824.55
ABB India 6945.10
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