Buy Siemens; target of Rs 2660: Edelweiss Securities

Edelweiss Securities’ report on Siemens
Siemens (SIEM) posted a stable set of P&L with execution and order intake for Q4 largely at pre-covid levels. Revenues are in line, but EBITDA missed consensus with adverse input cost/overhead impact. For FY21, SIEM…

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