Siemens Energy India List: List of Equity Entities List on BSE Rs 2,850 per share
Siemens’ Siemens Energy’s shares come from a Siemens entity and are listed on BSE at a price of Rs 2,850 per share. On NSE, the stock price is Rs 2,840. Initially, stocks were placed in the T2T segment for 10 days.
The price of the stock will be found before the special opening between 9:15-9:45 am.
Expected listing price
According to Jefferies, the stock is expected to list Rs 3,711 in the Rs 2,995 range. Nevertheless, if the stock lists the following Rs 3,000, the broker will consider the upward potential to be high. In addition, in the early stages of Demerger, the implied listing price was Rs 2,478 per share.
Siemens’ Jerge
As part of the company Demerger, qualified shareholders in the structure have the right to acquire a share of Siemens Energy India at a 1:1 ratio in each share of Siemens in India.
The department was awarded the National Corporate Tribunal (NCLT) on March 26, paving the way for Siemens’ energy to become an independent listed entity. According to reports, the list is 60 days starting from the April 7 record date of Demerger.
Siemens Co., Ltd.’s share price performance
The stock has fallen 56% over the past year, while the underlying stock of the Stock (YTD) has fallen 49%.
