Siemens Energy India shares to list today; check expected listing, price targets & more
Siemens Energy India (SEL) is set to make its Dalal Street debut as a separate entity on Thursday, June 19, after its demerger from Siemens Ltd. Siemens had spun-off its energy business in April and the stock traded ex-demerger on April 7. The demerger implied share price value of Siemens Energy India at Rs 2,478 per share.
Siemens Energy captures the maximum value among its peers as it has products/solutions covering a larger market size, viz, decarbonization, power generation, power evacuation, grid automation, EPC services, and clean energy like green hydrogen and battery storage. Ihis has been a highly profitable business for Siemens India which has clocked 22.6 per cent Ebitda margin for H1FY25, said HDFC Securities.
“New business…
