Nuvama sees nearly 25% upside in Siemens Energy India stock, gives ‘BUY’ rating
Siemens Energy India is well placed to benefit from India’s growing power transmission and energy infrastructure spending, according to Nuvama. The brokerage has initiated a ‘BUY’ rating on the stock with a 12-month price target of ₹4,200, citing strong growth potential in its power transmission business, export opportunities and a long-term opportunity from high-voltage direct…
