Tuesday 14 May 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*SIEMENS Q4* : *Siemens Limited Board approves demerger of Energy Business* into a separate listed legal entity; Share Entitlement Ratio fixed at 1:1

Creation of two strong, independent entities able to better address respective markets and customers with a more focused approach

Move will unlock value of both businesses for shareholders

Siemens energy is 34% of revenue
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*Fund Houses Recommendations* Macquarie on *JSW Steel:* Upgrade to Outperform on Company, raise target price at Rs 1077/Sh from Rs 884/Sh...