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Siemens gains on delivering 1200 kv capacitor voltage transformer to Power Grid

05 Sep 2014 Evaluate

Siemens is currently trading at Rs. 833.70, up by 2.45 points or 0.29% from its previous closing of Rs. 831.25 on the BSE.

The scrip opened at Rs. 836.60 and has touched a high and low of Rs. 841.90 and Rs. 825.45 respectively. So far 7992 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1010.00 on 04-Jul-2014 and a 52 week low of Rs. 431.00 on 05-Sep-2013.

Last one week high and low of the scrip stood at Rs. 849.05 and Rs. 798.00 respectively. The current market cap of the company is Rs. 29689.71 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 13.25% and 11.75% respectively.

Siemens has delivered 1200 kilovolts (kv) capacitor voltage transformer (CVT) to central transmission utility Power Grid Corporation of India (PGCIL) for the latter’s test station at Bina in Madhya Pradesh. PGCIL is planning to move India’s transmission system to 1200 kv, the highest capacity transmission system voltage in the world, by 2017. The 1200 kv system will need less than half the space used by the existing 800 kv system with fewer numbers of lines for transmitting the same power, besides reducing the land footprint and overall environmental impact.

Earlier, Siemens delivered 1200 kV SF6 circuit-breakers from its manufacturing facility at Aurangabad and 1200 kv dis-connectors made its Hyderabad plant to the Bina station.

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

3823.90 -47.15 (-1.22%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1255.50
Siemens 3823.90
Apar Inds 12808.00
ABB India 7009.05
Waaree Energies 3229.35
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