Siemens inches up on inking contract worth Rs 104.4 crore with BSRM to build GIS substation

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

10 Apr 2013 Evaluate

Siemens is currently trading at Rs. 473.40, up by 1.05 points or 0.22% from its previous closing of Rs. 472.35 on the BSE.

The scrip opened at Rs. 479.90 and has touched a high and low of Rs. 480.40 and Rs. 467.00 respectively. So far 13,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 838.70 on 18-Apr-2012 and a 52 week low of Rs. 467.00 on 09-Apr-2013.

Last one week high and low of the scrip stood at Rs. 540.20 and Rs. 467.00 respectively. The current market cap of the company is Rs. 16,829 crore.

The promoters holding in the company stood at 74.71% while Institutions and Non-Institutions held 11.84% and 13.45% respectively.

Siemens has inked a contract worth Rs 104.4 crore with Bangladesh Steels Re-Rolling Mills (BSRM), the largest steel manufacturing company in Bangladesh, to build a Gas Insulated Switchgear (GIS) substation. This is the first private sector-funded GIS substation project and has the largest order size in the GIS segment in Bangladesh. BSRM will be utilizing the GIS substation to provide uninterrupted power to its new 1MTPA steel plant.

As an end-to-end solutions provider of power solutions, Siemens Energy Sector will be implementing the project on a turnkey basis. Together with the 230kV/33kV GIS, Siemens will also provide high-performance, reliable, cost-competitive and energy-efficient technologies such as control relay panels and a substation automation system. The project is expected to be commissioned in 15 months.

The Siemens Group in India has emerged as a leading inventor, innovator and implementer of leading-edge technology enabled solutions operating in the core business segments of Industry, Energy and Healthcare.

Siemens Share Price

3503.15 27.10 (0.78%)

10-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Havells India	1188.25
Siemens	3503.15
Apar Industries	14086.80
ABB India	6833.55
Waaree Energies	2922.10
View more..

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