Page 2 - Siemens

'Ask Siemens Energy', says Gazprom on resumption of Nord Stream 1

Gazprom on Friday said the Nord Stream 1 pipeline, Europe's major supply route, would remain shut as a turbine at a compressor station had an engine oil leak, sending wholesale gas prices soaring.

Supply chain, margin woes for Siemens, but strong order flow a positive

Global headwinds may weigh on the sector and company's prospects; strong order flow is a positive though

Sensex ends volatile day 21 pts higher; PSB index surges 3%, Zomato 20%

CLOSING BELL: losses in HDFC twins, ICICI Bank, Infosys, L&T, and Bharti Airtel nearly balanced gains in Kotak Bank, State Bank of India, Hindustan Unilever (HUL), Asian Paints, and Bajaj Finance

Siemens failed to fulfill obligations: Gazprom on Nord Stream repair

Russia's gas giant Gazprom has said that Siemens failed to fulfill its obligations and had not returned a repaired turbine engine for the Nord Stream 1 pipeline

LIC adds Rs 1,983 cr in kitty by offloading shares in Siemens, Icra

LIC said its holding in Siemens decreased by over 2 per cent from October 14, 2020, to July 18, 2022, at an average cost of Rs 2,701.19 per piece.

Stock in the green, strong order momentum to power gains for Siemens

Product mix, operating leverage, and price hikes to help expand margins

Revival of orders to boost project business, drive gains for Siemens

Siemens' product mix, operating leverage and price hikes to help expand margins.

Siemens okays drives applications biz sale to subsidiary for Rs 440 cr

The LDA business within Siemens Ltd recorded revenue from operations of Rs 4,437 million for FY 2021 and an operating profit of Rs 251 million, a company statement said.

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Biden to announce Siemens investment, planned factory jobs

Joe Biden has been pushing for more U.S. factory jobs and he'll be joined Friday by the CEO of technology company Siemens USA to announce a $54 million investment

India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts

RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems

Expensive valuation likely to keep Siemens stock under pressure

December quarter was mixed with steady revenue, but margins were a miss

Siemens December quarter net profit drops 15% to Rs 250 crore

Siemens on Friday reported 15 per cent dip in consolidated net profit at Rs 250.8 crore for December quarter 2021. The company had logged a net profit of Rs 295.5 crore in the year-ago period, a BSE filing stated. Total income rose to Rs 3,610 crore in the quarter from Rs 2,983.3 crore in the same period a year ago. Total expenses also rose to Rs 3,272.5 crore from Rs 2,623 crore. The company follows October to September financial year. During the quarter, Siemens registered revenue from continuing operations at Rs 3,197 crore, 11.8 per cent increase over the year-ago period, a company statement said. New orders from continuing operations stood at Rs 5,300 crore, a 65.3 per cent increase over the same period last year. The company's order backlog stands at Rs 15,575 crore. Profit after tax from continuing operations was at Rs 245 crore, down 6.5 per cent over the same period last year, it stated. "All our businesses demonstrated very strong growth. New orders booked in the quar

Tata-Siemens JV to build 23-km Metro line for Pune via PPP mode

This is the first metro project in India to be taken up under the Centre's new Metro Rail Policy

Siemens Q4 earnings damp squib, but strong revenue expected

Rising commodity and logistics costs impacted margins in Sept qtr and remain an overhang

Siemens dips 8% on profit booking after Q4 margin disappointment

Q4FY21 Ebitda margin declined 250 bps to 10.4 per cent as against 12.9 per cent in Q4FY20 impacted by higher other expenses, gross margins

Siemens' net profit dips 2.6% to Rs 321 crore in September quarter

Siemens said its consolidated net profit dipped 2.6% to Rs 321.6 crore in the September 2021 quarter, mainly due to a rise in raw material and logistics costs

Stocks to Watch: Airtel, RIL, Siemens, Escorts, Radhe Dev, Indian Metals

Upside in Vedanta may be capped unless commodity prices rebound, say analyst

Siemens inks pact to acquire 26% equity in Sunsole Renewables

Siemens Ltd on Friday said it has inked an agreement for subscription of 26 per cent paid up equity share capital of Sunsole Renewables for Rs 1.6 crore

Reliance Industries looks at global tie-ups in renewables, says report

Ballard Power could be one of potential collaborators in fuels cells, Saudi Aramco for green ammonia and Siemens Green Energies for carbon capture and storage