Siemens shares rallied 5% to hit a new high of ₹4,109 during Monday's intra-day trading on the BSE, significantly outperforming the broader market. According to reports from Business Standard, the stock surpassed its previous high of ₹4,097 touched on August 12, following the announcement of June quarter results. At 12:26 PM, Siemens quoted 3% higher at ₹4,050.25, compared to a 0.25% decline in the BSE Sensex. The average trading volume at the counter jumped three-fold, with a combined 780,000 equity shares changing hands on the NSE and BSE.
Thus far in financial year 2026-27, Siemens has outperformed the market by soaring 40%, significantly ahead of the 7.5% rise in the BSE Sensex. As reported by Business Standard, this strong performance demonstrates the company's robust fundamentals and market positioning. The company's medium-to-long-term outlook remains positive, with management expecting growth to be in line with the market in financial year 2027 (FY27). Siemens noted that while short-term headwinds such as input cost volatility and slower private sector capex may impact execution cycles, the structural drivers underpinning the company's portfolio remain intact.
According to Business Standard, Siemens' order inflow increased by 16.5% year-on-year (YoY) in Q1FY27. The corresponding quarter of the previous year included a large order for signaling and train control technologies for the Mumbai-Ahmedabad High Speed Rail corridor. Excluding the impact of this order, order income growth was 43.9%. Digital Industries received orders for automation solutions across solar cell manufacturing, metals, electronics, pharmaceuticals and water market segments, while Smart Infrastructure showed robust growth in grid modernization projects, data centres and commercial real estate. The Mobility business also showed good growth in the quarter in the Rolling Stock business.
JM Financial Institutional Securities raised FY28E EPS estimates by 4% to factor in stronger order inflow and execution from Smart Infrastructure and Mobility segments. As reported by Business Standard, the brokerage values Siemens at 55x H1FY29E EPS of ₹78 to derive a revised target of ₹4,300 (versus ₹4,235 earlier) and maintains an 'ADD' rating. The brokerage expects Smart Infrastructure inflows to sustain, driven by data centres, power utilities, and renewables, while Mobility may be supported by higher sourcing by the parent and fast-tracked rolling stock/signalling orders from Indian Railways. However, analysts noted that potential ordering deferrals on large price hikes and continued commodity inflation remain key downside risks.
