Siemens Share Price Live

Siemens, established in 1847 by Werner von Siemens, has a rich history of innovation. It pioneered the world’s first pointer telegraph and electric dynamo. The company established its branches in Bombay in 1922 and Calcutta and finally was incorporated in India in 1957.

In India, the Siemens Group has become a frontrunner in developing and implementing cutting-edge technology solutions in key sectors such as Industry, Energy, and Healthcare. The group encompasses various companies operating across these segments, providing state-of-the-art technology that combines multiple high-end technologies to deliver comprehensive solutions for customers. 

In 1966, Siemens inaugurated the Kalwa manufacturing plant of motors. With the ability to integrate products, systems, and services, Siemens caters to a wide array of industries, handling complete projects, including hospitals, airports, and industrial units. In 1971, Siemens went public with its share listed on the Bombay Stock Exchange.

In May 2011, Siemens obtained a Certificate of Registration from the Reserve Bank of India to establish Siemens Financial Services Private Limited (SFSPL), a non-banking finance company. SFSPL focuses on asset financing by providing loans, leasing, and other financial products to Siemens customers in India across various sectors.

The Siemens Group in India is composed of more than 10 companies, employing over 23,000 individuals. Presently, the group operates 21 manufacturing plants, maintains a vast network of Sales and Service offices throughout the country, and collaborates with over 500 channel partners. Siemens plays a pivotal role in India’s drive towards developing modern infrastructure by offering world-class solutions.

Business Segments 

Siemens excels in several key business segments, each contributing unique value to diverse industries and sectors:

• Digital Solutions: Siemens Digital Industries spearheads innovation in automation and digitalisation. With a focus on aiding the digital transformation of discrete and process industries, the company consistently expands its Digital Enterprise portfolio. Its cutting-edge technologies provide industry-specific end-to-end solutions for businesses of varying scales.
• Infrastructure Solutions: Smart Infrastructure by Siemens seamlessly connects energy systems, buildings, and industries to elevate living and working standards. Their intelligent solutions significantly enhance efficiency and sustainability, enabling customers to thrive and communities to progress while nurturing sustainable development for future generations.
• Leadership in Mobility Solutions: Siemens is a front-runner in transportation solutions, shaping connected mobility for both rail and road systems. Their innovations enable global mobility operators to intelligently manage infrastructure, ensuring sustainability throughout its lifecycle. These advancements not only enhance passenger experiences but also guarantee continuous availability.
• Energy Solutions: Siemens Energy in India provides comprehensive, integrated offerings across the entire energy value chain. They strive to achieve carbon neutrality within society by providing sustainable products and services, making fossil energy cleaner, delivering decentralised power, managing grid complexities, improving aging assets, and bridging supply and demand through cutting-edge storage technologies.
• Healthcare Technology: Siemens Healthineers, a distinct business entity, stands as a leading medical technology company. It offers state-of-the-art technologies and services in diagnostic and therapeutic imaging, laboratory diagnostics, molecular medicine, digital health, and enterprise services.
• Financial Solutions: Siemens Financial Services (SFS) globally supports business-to-business financial solutions. SFS aids customer investments through project and structured financing, as well as leasing and equipment finance.
• Renewable Energy Solutions: Siemens Gamesa Renewable Energy is a significant contributor to the renewable energy sector. Their extensive presence in over 90 countries, with a substantial capacity base and a workforce of over 23,000, solidifies their role as a key player in providing wind power solutions globally.
• Large Drive Systems: Large Drives Applications is dedicated to developing heavy-duty electrical drive systems for medium and high-voltage ranges. They produce electrical motors, converters, and generators and provide specialised drives for applications like ships, mines, and rolling mills. With a focus on digitalisation and exceptional service, they ensure maximum performance and availability of their offerings.

Subsidiaries of Siemens Limited

1. Siemens Rail Automation Private Limited: SRAPL is a leading provider of rail automation solutions in India. The company offers a wide range of products and services, including signalling systems, train control systems, and telecommunications systems. SRAPL’s solutions are used by Indian Railways, metro systems, and other rail operators across the country.
2. C&S Electric Limited: This is a leading manufacturer of electrical equipment in India. The company produces a wide range of products, including transformers, switchgear, and motors. C&S Electric’s products are used in a variety of industries, including power generation, transmission, and distribution, as well as in industrial and commercial applications.

Key Personnel 

1. Sunil Mathur, Managing Director and Chief Executive Officer 

Sunil Mathur has been serving as the Managing Director and Chief Executive Officer of Siemens Limited in India since 2014. In this capacity, he holds responsibility for Siemens’ operations in South Asia. Before assuming the position of Managing Director and CEO, Sunil held the role of Executive Director and Chief Financial Officer at Siemens Limited from 2008. Sunil Mathur’s dedication to Siemens spans over 35 years, during which he has held various senior management roles in Germany. 

Management Outlook 

• Anticipated growth in capex investments by both public and private sectors, particularly in government spending on infrastructure capex, driving growth. 
• Anticipated continued growth in demand for solutions in various sectors (automotive, chemicals, steel, cement, F&B, pharmaceuticals) that would find the Company’s solutions crucial. 
• The company’s confidence in this digital business platform hints at the potential for accelerating customers’ digital transformation. 
• The various initiatives announced by the Indian government, such as Atmanirbhar Bharat, Power for All, production-linked incentive schemes, etc., are expected to encourage higher foreign direct investments. 
• The Company’s focus on increasing its digitalisation business and sustainability solutions, with heightened customer interest in decarbonisation and energy efficiency solutions, indicates potential revenue streams.