ManufacturingPre-market
Siemens India reports strong order inflows, shares rise 5%
pre-market1 source ↓written by the desknot a recommendation
- on 17 Nov
- 5%
- following the release
- ₹3,238
- YoY
- 42%
- YoY
- 16%
- YoY
- ₹5,171.2 cr
Siemens India shares surged 5% on 17 Nov, marking the largest gain in six months. The stock closed at ₹3,238 following the release of Q2 FY26 results, which showed a net profit of ₹484.9 cr, down 42% YoY. However, revenue increased 16% YoY to ₹5,171.2 cr, driven by a 10.5% rise in new orders to ₹4,800 cr. This positive momentum may enhance trader sentiment in the near term.
Not investment advice. For informational purposes only.