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Stock market gives thumbs up to Siemens strong performance in Q2

Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company s year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).

Accumulate Siemens; target of Rs 4241: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Siemens with a target price of Rs 4241 in its research report dated November 29, 2023.

Siemens Limited announces Q4 FY 2023 results

Siemens Limited announces Q4 FY 2023 results
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