Siemens Energy India Ltd. saw its share price decline by over 4.8% on Friday, just a day after its shares debuted at a premium on BSE and the National Stock Exchange.
The shares were initially listed at Rs 2,840 each, following the company's demerger from Siemens Ltd. in April 2025. Shortly after listing the stock surged to hit an upper circuit of Rs 2,982.
The demerger, which officially took effect on April 7, separated Siemens Ltd.'s energy business into Siemens Energy India. Shareholders of Siemens Ltd. were allotted one share of Siemens Energy India for each share they held. The BSE and NSE approved the listing and trading of Siemens Energy India's equity shares, which commenced on Thursday.
Siemens Energy operates across the entire energy landscape, from conventional power generation to renewable energy solutions. Siemens Energy's portfolio includes gas and steam turbines, hybrid power plants, and energy storage systems.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
.jpg?im=FeatureCrop,algorithm=dnn,width=350)
