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Siemens gains as its arm secures two orders to supply wind mills for 453 MW capacities

14 Aug 2019 Evaluate

Siemens is currently trading at Rs. 1143.20, up by 1.35 points or 0.12% from its previous closing of Rs. 1141.85 on the BSE.

The scrip opened at Rs. 1144.00 and has touched a high and low of Rs. 1151.05 and Rs. 1134.10 respectively. So far 3773 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1366.85 on 05-Jul-2019 and a 52 week low of Rs. 841.00 on 22-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1191.90 and Rs. 1103.55 respectively. The current market cap of the company is Rs. 40765.09 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 13.88% and 11.12% respectively.

Siemens’ subsidiary -- Siemens Gamesa Renewable Energy has secured two orders from Alfanar to supply equipment to aid generation of 453 MW at two wind farms in Bhuj. The company has secured its first order in India from Alfanar for supply of 206 units of the SG 2.2-122 wind turbines for the two wind farms.

Both projects will be located in Bhuj in the state of Gujarat, where the company will supply equipment to aid generation of 202 MW for one project and 251 MW for the other. The wind farms are expected to be commissioned by 2020.

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.

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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