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Siemens rises on partnering with NTPC to boost power generation in south India

08 Apr 2016 Evaluate

Siemens is currently trading at Rs. 1125.75, up by 6.60 points or 0.59% from its previous closing of Rs. 1119.15 on the BSE.

The scrip opened at Rs. 1116.00 and has touched a high and low of Rs. 1131.50 and Rs. 1105.50 respectively. So far 10071 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1558.00 on 06-Aug-2015 and a 52 week low of Rs. 969.00 on 29-Jan-2016.

Last one week high and low of the scrip stood at Rs. 1150.00 and Rs. 1094.25 respectively. The current market cap of the company is Rs. 40170.36 crore.

The promoters holding in the company stood at 75.00 % while Institutions and Non-Institutions held 13.95 % and 11.05 % respectively.

Siemens has started dispatch of the largest-ever ‘Made in India’ single-phase Generator Step-Up (GSU) Transformer of rating 315 MVA, 23.5kV / 420kV for installation at NTPC’s Kudgi Super Thermal Power Station in Bijapur, Karnataka. This transformer is an essential component of the power station, which once operational will boost the high-capacity power generation for the southern states of Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. NTPC has ordered 10 units of these GSU transformers from the company.

Normally, the generated voltage is in the range of 11 kV to 24 kV, which is not efficient to transmit the power through the transmission line. Generator transformer is a special purpose transformer used for stepping up generator voltage to high voltage (400 kV - 765 kV) for efficient transmission of generated power to load centers located at long distances.

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. It is one of the leading producers of energy-efficient, resource-saving technologies; combined cycle turbines for power generation; and power transmission solutions.

 

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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