Overview

• Shares opened at ₹2,840 on the NSE on June 19, marking a 14% premium over the ₹2,478 discovery price and triggering a 5% upper circuit limit shortly after trading began.
• The listing caps the April demerger from Siemens Ltd., under which shareholders received one Siemens Energy India share for each Siemens Ltd. share, creating India’s largest pure-play T&D equipment provider with over $10 billion market capitalization.
• Brokerages including Jefferies, Motilal Oswal, HDFC Securities and Antique have issued buy ratings with price targets between ₹3,000 and ₹3,350, forecasting up to 40% EPS CAGR through fiscal 2027 driven by operating leverage.
• Siemens Energy India holds a ₹15,100 crore order backlog—2.4 times its FY24 revenue—which includes a ₹4,100 crore contract for the Mumbai-Ahmedabad bullet train signalling and telecom system.
• With ten manufacturing sites and eleven regional offices across India and South Asia, the company is positioned to support renewable integration, grid modernization and industry decarbonization initiatives.