Does Siemens’ India growth outlook justify its rich valuation?
3 weeks, 3 days ago

Does Siemens’ India growth outlook justify its rich valuation?

Live Mint  

Shares of Siemens Ltd are up over 3% since it announced its results for the quarter ended September after market hours on Tuesday. Siemens is focussing on increasing its presence in the domestic renewable energy market and expanding its share in exports through integration with the global supply chain of its parent, Siemens AG. The demerger would help the Indian entity source renewable energy technology from Siemens Energy. “We remain positive on Siemens India from a long-term perspective given: 1) its strong and diversified presence across industries through focus on electrification, digitalisation and automation, 2) product localisation, 3) strong balance sheet, 4) healthy public and private capex and 5) value-unlocking from demerger for energy business," analysts at PL Capital said in a November 27 report. Adding capacity Siemens is expanding capacity for several products, with its Indian facilities expected to act as a sourcing hub for its parent, apart from serving the domestic market.

Energy Siemens Global Market  justify  manufacturing  does  energy  rich  india  increased  global  market  valuation  business  growth  strong  siemens  outlook  crore

History of this topic

Siemens Q4 Results: Net profit rises 45% to ₹803 crore, revenue up 11% YoY; dividend declared
3 weeks, 6 days ago

Siemens Q4 Results: Net profit rises 45% to ₹803 crore, revenue up 11% YoY; dividend declared

Live Mint  

Siemens on Tuesday posted a 45 per cent jump in its net profit to ₹775 crore in the July-September quarter compared to the year-ago period on higher revenues. Revenue rose by 11 per cent to ₹5,894 crore in the quarter from ₹5,297 crore in the same period a year ago. New orders rose by 37 per cent to ₹6,164 crore …

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?
1 month, 1 week ago

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?

Live Mint  

For investors in Reliance Industries, foreign brokerage CLSA’s recent prediction of a 30% upside in the stock might come as a respite, especially amid the sell-off in the counter, which has pushed it into bear territory. Key Upside Trigger The reason behind CLSA’s bullish stance is RIL’s new energy business worth $40 billion, which it believes the market is ignoring. …

Stocks to Buy: HAL, Coal India, Indigo among 14 buy-on-dips ideas by Jefferies
1 month, 1 week ago

Stocks to Buy: HAL, Coal India, Indigo among 14 buy-on-dips ideas by Jefferies

Live Mint  

Stocks to Buy: A steep correction is underway in the markets and as per Jefferies India, more than a fifth of the stocks under its coverage are trading below the June election results lows while around 30% are down more than 20% from year-to-date peaks. These include Hindustan Aeronautics Ltd, Coal India Ltd, InterGlobe Aviation Ltd, Godrej Consumer Products Ltd, …

Corporate India saw 3.7 pc revenue growth in FY24: ICRA
6 months ago

Corporate India saw 3.7 pc revenue growth in FY24: ICRA

Deccan Chronicle  

Chennai: Corporate India reported 3.7 per cent revenue growth in FY24. The softening of input costs helped 17.4 per cent growth in earnings. This softening of input costs along with operating leverage benefits helped the companies see an expansion in operating profit margin by 92 bps to 17.2 per cent in Q4 FY2024. However, the OPM growth of 17.4 per …

Corporate India Revenues Grow Over 3% In Dec Quarter
9 months, 3 weeks ago

Corporate India Revenues Grow Over 3% In Dec Quarter

Deccan Chronicle  

Chennai: Indian companies reported 3.7 per cent growth in aggregate revenues along with margin expansion in the December quarter. However, this softening of input costs along with operating leverage benefits helped the companies witness an expansion of operating profit margin by 171 bps to 17.2 per cent. Nevertheless, input costs remain elevated over historic levels, and as a result, India …

This Indian IT stock’s target price raised by Jefferies on strong Q3 beat
1 year, 11 months ago

This Indian IT stock’s target price raised by Jefferies on strong Q3 beat

Live Mint  

Newgen Software Technologies Ltd's Q3 were strong all-round beat as revenue, net profit were ahead of estimates, said global brokerage Jefferies. While US remains subdued, Newgen plans at stepping up on marketing/GSI network to improve growth prospects and remains confident of achieving 20-25%+ revenue growth longer term. Within this, SaaS revenues almost doubled YoY and Support revenues saw a strong …

20 to 30 Companies in Energy, Tech Space to Grow as Big as Reliance in 10-20 Years: Mukesh Ambani
2 years, 10 months ago

20 to 30 Companies in Energy, Tech Space to Grow as Big as Reliance in 10-20 Years: Mukesh Ambani

News 18  

Mukesh Ambani, chairman and managing director of Reliance Industries Limited, batted for young entrepreneurs to make India a superpower in green energy. Ambani predicted that there will be 20 to 30 new Indian companies in the energy and tech space that will grow as big as Reliance, if not bigger, in the next 10-20 years. Similarly, India’s clean and green …

Discover Related