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Siemens gains on plan to supply transmission technology to Power Grid’s subsidiary

10 Dec 2014 Evaluate

Siemens is currently trading at Rs. 897.35, up by 9.60 points or 1.08% from its previous closing of Rs. 887.75 on the BSE.

The scrip opened at Rs. 891.15 and has touched a high and low of Rs. 900.00 and Rs. 891.15 respectively. So far 1,526 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. 512.00 on 30-Jan-2014.

Last one week high and low of the scrip stood at Rs. 985.00 and Rs. 884.80 respectively. The current market cap of the company is Rs. 31,943.00 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 13.46% and 11.54% respectively.

Siemens will be supplying power transmission technology to Power Grid Kale Amb Transmission, a wholly-owned subsidiary of Power Grid Corporation of India. The equipment to be supplied is for the upcoming 400/220kV GIS substation at Kala Amb, Himachal Pradesh and is the first GIS substation with FSC awarded in India under the Build, Own, Operate and Maintain (BOOM) segment.

Kala Amb, an industrial area in Himachal Pradesh, is an existing load centre with a present power demand of about 350 MVA. In order to meet the present and future load requirements, a 400/220 kV GIS substation will be established on a BOOM basis by 'Line in Line Out' of the Karcham Wangtoo Hydroelectric Plant.

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

3807.00 -59.40 (-1.54%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1238.50
Siemens 3807.00
Apar Inds 11541.30
ABB India 7327.00
Waaree Energies 3305.80
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