Siemens Energy shares list at Rs 2,850 on BSE after demerger; growth prospects bullish
Siemens Energy India debuted strongly on the stock exchanges following its demerger, with analysts predicting substantial earnings growth driven by India's expanding power transmission sector. Jefferies forecasts a 40% CAGR in earnings, potentially leading to a market capitalization exceeding USD 10 billion. The company's robust order book and capacity expansion plans, supported by government initiatives, signal a promising future.