28 Jun 2017 | 10:12 PM
Research Report
Weekly

Equity Research Report: Master Pick

Siemens Ltd. operates in all the areas that contribute to modernising infrastructure, and has solutions for the entire energy matrix, intra-city and inter-city mobility, industrial automation and healthcare.The company has initiated measures to optimize its cost position and productivity in the factories, the growth is also dependent on the implementation of government policies to promote infrastructure development within the country and create an environment conducive to investment in capital goods.
05 Dec 2014 | 05:45 PM

After retesting its resistance barrier around 1000 level in July 2014, it underwent in a broader consolidation phase of 780-980 level and currently trading around the upper band of the range. The chart pattern and supporting indicators are pointing toward strong possibility of upside breakout from the same in near future, so participants can utilize this opportunity to accumulate it between 920-CMP (946.15) with closing below stop loss of 870 for the target of 1110.