New Delhi, Aug. 5 -- Shares of Siemens Energy India rallied over 5 percent on Tuesday, August 5, hitting a new 52-week high of Rs.3,407.95 on the BSE. The surge followed the company's strong June quarter earnings report-its first since listing in June-and the announcement of a Rs.280 crore investment to expand its manufacturing operations in response to robust order inflows.
For the third quarter of FY26, Siemens Energy India reported a net profit of Rs.263 crore, marking an 80 percent year-on-year (YoY) jump from Rs.146 crore a year ago. The company's revenue from operations stood at Rs.1,785 crore, up 20 percent YoY. A major driver behind the profit spike was a sharp 94 percent YoY surge in new orders, totaling Rs.3,290 crore, indicati...
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