Accumulate Siemens; target of Rs 1263: Prabhudas Lilladher

June 14
18:25 2019

Prabhudas Lilladher’s research report on Siemens

Siemens (SIEM) hosted 2nd edition of Innovation day in Mumbai where it highlighted its current capabilities and future technologies in the digitalization space. Siemens showcased its capabilities in digitalization viz. Internet of Things (IOT), Artificial Intelligence (AI), Digital Twin, Mindsphere and Next47. We believe that SIEM’s key verticals like Smart Infrastructure (E-mobility, Micro-grids, Energy Storage, intelligent buildings and IoT) and Digital Industries (factory Automation, Motion Control, Process Automation) which has higher digital content to witness strong growth over medium to long term perspective.


The stock is currently trading at 44x/37.5x FY19/FY20E. Retain Accumulate

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Subscribe to Moneycontrol Pro and gain access to curated markets data, exclusive trading recommendations, independent equity analysis, actionable investment ideas, nuanced takes on macro, corporate and policy actions, practical insights from market gurus and much more.

Related Articles