Siemens to expand capacity of Gujarat factory, stock up
Siemens touched an intraday high of Rs 497.50 and an intraday low of Rs 482. At 11:03 am, the share was quoting at Rs 495, up Rs 16.60, or 3.47%.
The company is going to invest Rs 275 crore to expand capacity of steam turbine factory at Gujarat, reports CNBC-TV18.
Siemens AG wants to buy out Areva’s T&D if French company approaches them, deal to include India arm, quoting DNA, reports CNBC-TV18.
It was trading with volumes of 62,405 shares. Yesterday the share closed up 3.21% or Rs 14.90 at Rs 478.40.
