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Siemens Target Price Slashed By HDFC Securities Amid Optimistic Growth Outlook — Check New Potential Upside
The brokerage believes the conclusion of US-India trade deal will be one of the key drivers of sentiment improvement, capex recovery.
15 Dec 2025, 12:05 PM IST 
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Siemens India stands as a direct structural beneficiary of India’s capex output. (Photo: Company fb page)
Siemens India's robust order intake of Rs 200.4 billion until 12 MFY25 has led to a record order backlog of Rs 422.5 billion (+20.5% YoY; 2.73x FY25 revenue), providing multi-year revenue visibility. Digital industries order growth is driven by chemical, pharma, and metals; while that of smnart infrastructure is driven by power utilities, semiconductors, battery and EVs; and mobility is led by signalling, propulsion, and telecommunic...
