Siemens stock crashes 10% to record biggest intraday fall since June. Here’s why
3 months, 1 week ago

Siemens stock crashes 10% to record biggest intraday fall since June. Here’s why

Live Mint  

Stock market today: Shares of Siemens, a major player in the heavy electrical equipment sector, fell 10% in trade on Friday, December 20, hitting a one-month low of ₹6,868 per share, following the company's September quarter earnings call. Further, the management noted that the energy business is experiencing strong demand in the transmission segment, driven by a shift towards renewables, with the HVDC segment expected to be a key growth driver moving forward. Siemens India's digital industries business is currently facing challenges due to the ongoing semiconductor shortage and some destocking by customers, the report added. During the quarter, the company secured new orders worth ₹6,164 crore, with strong demand across all business segments.

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History of this topic

Does Siemens’ India growth outlook justify its rich valuation?
4 months 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 …

Siemens share price rises up to 5% post September quarter results: Should you Buy, Sell or Hold?
4 months ago

Siemens share price rises up to 5% post September quarter results: Should you Buy, Sell or Hold?

Live Mint  

Stock Market Today: Siemens share price gained up to 5% during the intraday trades on Wednesday post September quarter results, that were declared post market hours on Tuesday. Those at Nuvama Institutional Equities said net profit growth was led by strong execution across segments and multi-year high Operating margins of 14.5%. Analysts views and recomendations Prabhudas Lilladher analysts said that …

Siemens Q4 Results 2024 on 27 Nov, 2024: profit rise by 45.41% YOY, profit at ₹830.7 crore and revenue at ₹6461.1 crore
4 months ago

Siemens Q4 Results 2024 on 27 Nov, 2024: profit rise by 45.41% YOY, profit at ₹830.7 crore and revenue at ₹6461.1 crore

Live Mint  

Siemens Q4 Results 2024:Siemens declared their Q4 results on 26 Nov, 2024, showcasing a significant growth in their financial performance. The company's topline witnessed an increase of 11.25% year-over-year, with profits soaring by 45.41% to reach ₹830.7 crore, while revenue amounted to ₹6461.1 crore. Siemens Q4 Results The operating income also displayed impressive growth, up by 40.68% quarter-over-quarter and 37.15% …

Siemens Q4 Results: Net profit rises 45% to ₹803 crore, revenue up 11% YoY; dividend declared
4 months, 1 week 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 …

Siemens Q3 Profit After Tax grows 25% to ₹531 crore
7 months, 3 weeks ago

Siemens Q3 Profit After Tax grows 25% to ₹531 crore

The Hindu  

Siemens has reported a 25% rise in profit after tax at ₹531 crore during the April-June quarter of this fiscal, on account of higher revenues. “The company, which follows the October to September fiscal year, had reported a PAT of ₹424 crore a year ago,” a company statement said on Friday. The company’s new orders stood at ₹6,245 crore, an …

Siemens share price rises 8%, scales 52-week highs post March quarter results: Should you Buy, Sell or Hold the stock?
10 months, 2 weeks ago

Siemens share price rises 8%, scales 52-week highs post March quarter results: Should you Buy, Sell or Hold the stock?

Live Mint  

Stock Market Today: Siemens share price gained more than 8% in opening trades on Wednesday to scale 52 week highs, post March'2024 quarter results declared by the company after market hours on Tuesday. {{^adFree}} {{/adFree}} Nuvama Institutional Equities has upgraded FY24, FY25 and 26 earnings per share estimates by 8%, 21% and 29% respectively as they expect chunky Order Inflows …

Siemens AG to acquire 18% stake in Indian JV for ₹18,968 crore
1 year, 4 months ago

Siemens AG to acquire 18% stake in Indian JV for ₹18,968 crore

Live Mint  

Siemens AG on November 15 said it is planning to purchase an 18 percent stake in the Indian joint venture, Siemens Limited, from Siemens Energy, Reuters reported. In a statement, Siemens AG confirmed their decision, stating, "The purchase price reflects a customary discount of 15 percent on the 5-trading-days volume-weighted average price before the day of signing." Plan in the …

The double-engine model at Siemens
1 year, 5 months ago

The double-engine model at Siemens

Live Mint  

At its Annual Innovation Day held recently, Siemens Ltd emphasized on digitization and decarbonization as key areas for growth opportunities driven by higher infrastructure spending and technology-led private capex. Digitalisation and decarbonisation are crucial in upcoming investments across various sectors like industries, power, transport, buildings, and data centres. The share of revenue from the energy segment, which includes decarbonisation technology …

Parent group’s stake restructuring good for Siemens, but growth concerns loom
4 years, 10 months ago

Parent group’s stake restructuring good for Siemens, but growth concerns loom

Live Mint  

Siemens Gas and Power Holding BV, a fully-owned subsidiary of Siemens AG, is set to acquire a 24% stake in its Indian arm, Siemens Ltd. With the proposed stake acquisition, Siemens will continue to run all segments, including gas and power, under its umbrella to tap growth opportunities independent of the parent’s global arrangement. The firm’s parent ownership will be …

Siemens sees possible upside to full-year earnings
8 years, 6 months ago

Siemens sees possible upside to full-year earnings

China Daily  

Siemens AG Chief Executive Officer Joe Kaeser said Europe's biggest engineering company may beat its earnings forecast for the fiscal year ending this month while the longer-term outlook is clouded by political concerns. "This year we're going to be fine with our guidance - maybe even some upside to it in a well-working environment," Kaeser said in an interview in …

Siemens sees possible upside to full-year earnings
8 years, 6 months ago

Siemens sees possible upside to full-year earnings

China Daily  

Siemens AG Chief Executive Officer Joe Kaeser said Europe's biggest engineering company may beat its earnings forecast for the fiscal year ending this month while the longer-term outlook is clouded by political concerns. "This year we're going to be fine with our guidance - maybe even some upside to it in a well-working environment," Kaeser said in an interview in …

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