Bengaluru, June 17 -- The shares of this leading large-cap stock surged by 3 percent on Tuesday after the company announced that its consortium had secured a contract worth Rs. 4,100 crore. In this article, we will dive into the details.
With a market capitalization of Rs 1,18,709 crores, the shares of Siemens Ltd are currently trading at Rs 3,333 per share, down by 30.15 percent from its 52-week high of Rs 4,772.28 per share. Over the past five years, the stock has delivered a return of 213 percent.
On Tuesday, the company, through a stock exchange filing, announced that a consortium led by Siemens Limited, along with Siemens Mobility GmbH and Dineshchandra R Agrawal Infracon Pvt Ltd, has secured a contract worth approximately Rs 4,100...
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