Siemens Energy India 'Buy' Rating: Analysts See Growth

  Published 11 months ago

Jefferies and Motilal Oswal upgraded Siemens Energy India with "buy" ratings, citing India's power capex, strong Q2 results, and transmission growth.

  • Jefferies initiates "buy" at ₹3,500, citing India's rising power equipment capex and Siemens' tech-driven portfolio.
  • Motilal Oswal raises the target to ₹3,300, expecting T&D market share gains and transmission capacity expansion.
  • SIEE's Q2 profit jumps 36%, and revenue surges 57% YoY, boosting investor confidence in growth momentum.

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