Siemens jumps after its parent company in Germany rises stake in Siemens Energy
Under the deal, Siemens AG will buy Siemens Energy's shares at Rs 2952.86/share (at a discount of 21 per cent of CMP). The company will buy the stake on or after December 8.
Siemens Ltd was trading higher by 1.19 per cent, or Rs 44.55, at Rs 3798, on BSE at 9:54 am on Monday. Photo: Siemens official website/Representational