Current Market Price: 829.80
Target Price: 995
Target Percentage: 20%
Stop Loss: 665
About Company:
Reasons for picking stock:
Current Market Price: 1183.75
Target Price: 1340
Target Percentage: 13%
Stop Loss: 970
About Company:
Siemens Ltd is a 75% owned subsidiary of Siemens AG, Germany imitating its parent’s operations in India. For over six decades,
Siemens India has been the preferred technology solutions provider. It has been conceptualizing and implementing various
flagship projects in Mobility, Energy Management, Power and Gas, Smart Cities, Intelligent Infrastructure, Industrial Applications,
Healthcare and Smart Financing. Siemens India is also strengthening its digitisation portfolio and working on select applications
in the country.
Reasons for picking stock:
Improving private investments in the economy will help boost Siemens’ revenues
Expectation of higher order inflow post general elections is a positive for players in this sector;
Mobility business can bring in growth with Alstom-Siemens merger being denied approval by regulators;
Diversification through varied products, geographies and customers helps it de-risk its business;
Global major as its parent helps it benefit technologically and financially as the need be;
Strong financials with growing revenues, expanding margins, improving return ratios, high FCF, strong cash on books, etc