Siemens gains on signing MoU with Ministry of Megapolis and Western Development

Siemens Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 500550 | NSE: SIEMENS

24 May 2016 Evaluate

Siemens is currently trading at Rs. 1131.10, up by 3.40 points or 0.30% from its previous closing of Rs. 1127.70 on the BSE.

The scrip opened at Rs. 1121.60 and has touched a high and low of Rs. 1134.00 and Rs. 1120.20 respectively. So far 11473 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. 1163.70 and Rs. 1120.00 respectively. The current market cap of the company is Rs. 40061.75 crore.

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

Siemens, a renowned global leader in the area of Smart Cities, has strengthened its partnership with Sri Lanka by signing a Memorandum of Understanding (MoU) with Ministry of Megapolis and Western Development to offer expertise and best practices from its globally-proven, state-of-the-art, Sustainable, Smart City solutions portfolio. The prime objective of the Ministry of Megapolis and Western Development is to bring systematic changes and development processes into the urban community in Sri Lanka, which will ensure that the inhabitants of urban areas become a part of socio-economic development of the country while maintaining high levels in quality of life. This will pave the way for making Sri Lanka a commercial, naval and aviation hub of Asia.

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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