Shares of Siemens Energy India surged 7.36% to Rs 3,491.40 in Friday’s trading session after the company reported a robust performance for the June 2026 quarter, with net profit rising 68% year-on-year and revenue growth of nearly 40%.
The strong quarterly numbers prompted brokerage firm Motilal Oswal to retain its Buy rating on the stock while raising the target price to Rs 4,100 from Rs 3,950, citing improving execution, healthy order inflows, and growth opportunities across renewable energy, power infrastructure, data centres, and steam turbines.
