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Stock market gives thumbs up to Siemens' strong performance in Q2

Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company s year-end is September 30).

In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25). ....

Siemens Energy India , Gas Insulated Switchgear , Clean Air , Power Transformers , Vacuum Interrupters ,