INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has a buy call on Siemens Ltd
with a target price of Rs 1675.0
The current price of Siemens Ltd
Chandan Taparia recommended to keep a stoploss at Rs 1545
Siemens Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 56566.14 Crore) operating in Engineering
key Products/Revenue Segments include Engineering Goods which contributed Rs 7528.40 Crore to Sales Value (55.01 % of Total Sales), Income
from Project Development which contributed Rs 4209.30 Crore to Sales Value (30.76 % of Total Sales), Sale of services which contributed Rs
1566.50 Crore to Sales Value (11.44 % of Total Sales), Other Operating Revenue which contributed Rs 199.70 Crore to Sales Value (1.45 % of
Total Sales), Export Incentives which contributed Rs 112.60 Crore to Sales Value (0.82 % of Total Sales), Rental Income which contributed Rs
48.40 Crore to Sales Value (0.35 % of Total Sales) and Commission which contributed Rs 18.90 Crore to Sales Value (0.13 % of Total Sales)for
the year ending 30-Sep-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 4037.00 Crore, up 29.06 % from last quarter Sales of
Rs 3128.10 Crore and up 5.72 % from last year same quarter Sales of Rs 3818.70 Crore Company has reported net profit after tax of Rs 333.90
The company’s top management includes Mr.Cedrik Neike, Mr.Daniel Spindler, Mr.Darius C Shroff, Mr.Deepak S Parekh, Mr.Joe Kaeser,
Mr.Johannes Apitzsch, Mr.Keki B Dadiseth, Mr.Mehernosh B Kapadia, Mr.Sunil Mathur, Mr.Yezdi H Malegam, Ms.Anjali Bansal, Ms.Mariel von
LLP as its auditoRs As on 30-09-2019, the company has a total of 356,120,255 shares outstanding.