Siemens on the rise

Siemens is one loud buzzing stock today;

Siemens is one loud buzzing stock today; figuring among the top five gainers on the BSE, the stock opened almost 2.5% higher at Rs.5235 and went on to an intraday high at Rs.5497.80, up 7.5%. Its 52-week high is at Rs.8129.95.

The stock is up following the approval of the demerger of its energy business by the National Company Law Tribunal (NCLT). This restructuring allows Siemens Energy India to operate as a separate entity, aiming to unlock value for shareholders.

The record date for determining eligibility for the demerger is set for April 7, 2025, with the appointed date for the demerger being March 1, 2025.

The stock has also been getting upgraded by analysts/fund houses, on the back of cited improvements in the company's Digital Industries segment, noting favorable inflections in organic growth and profit margins. Reports also highlighted potential shareholder benefits from possible divestitures in Siemens Healthineers and Siemens Energy.

The stock is up following the approval of the demerger of its energy business by the National Company Law Tribunal (NCLT). This restructuring allows Siemens Energy India to operate as a separate entity, aiming to unlock value for shareholders.

The record date for determining eligibility for the demerger is set for April 7, 2025, with the appointed date for the demerger being March 1, 2025.

The stock has also been getting upgraded by analysts/fund houses, on the back of cited improvements in the company's Digital Industries segment, noting favorable inflections in organic growth and profit margins. Reports also highlighted potential shareholder benefits from possible divestitures in Siemens Healthineers and Siemens Energy.