Thursday, November 13, 2008

Siemens wins order from SAIL

Siemens rose 1.93% to Rs 317,on 12th Nov'08, at 13:48 IST on BSE after the company won a Rs 176 crore order from the state run Steel Authority of India for modernisation a steel plant.
The stock hit a high of Rs 324 and a low of Rs 303.10 so far during the day. The stock had a 52-week high of Rs 1125 on 23 November 2007 and a 52-week low of Rs 210 on 27 October 2008.
The mid-cap engineering firm has an equity capital of Rs 67.44 crore. Face value per share is Rs 2.
The current price of Rs 317 discounts its Q3 June 2008 annualised EPS of Rs 20.10, by a PE multiple of 15.77.
Siemens' net profit spurted 107.2% to Rs 169.43 crore on a 1.5% rise in sales to Rs 1809.68 crore in Q3 June 2008 over Q3 June 2007. The company will declare Q4 September 2008 ended results on 25 November 2008.
Siemens manufactures and distributes switchgear items, electric motors and generators, switchboards, control boards, control systems and protection systems.

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