Buy Siemens with a target of Rs 1500 -- Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Siemens Ltd. with a target price of Rs 1500. The current market price of Siemens Ltd. is Rs 1446.45 Time period given by analyst is Intra Day when Siemens Ltd. price can reach defined target. Kunal Bothra maintains stop loss at Rs 1420.0 .

Siemens Ltd., incorporated in the year 1957, is a largecap company with a market cap of ₹ 51511.01 crore operating in Engineering sector.

Siemens Ltd. key Products/Revenue Segments include Contract Revenue which contributed ₹ 3141.50 Cr to Sales Value (29.06 % of Total Sales), Others which contributed ₹ 2286.50 Cr to Sales Value (21.15 % of Total Sales), Switch Gear Items which contributed ₹ 1414.40 Cr to Sales Value (13.08 % of Total Sales), Sale of services which contributed ₹ 1141.90 Cr to Sales Value (10.56 % of Total Sales), Variable Speed AC/DC Drive Systems, Motor which contributed ₹ 961.20 Cr to Sales Value (8.89 % of Total Sales), Medical Diagnostic Equipment which contributed ₹ 935.30 Cr to Sales Value (8.65 % of Total Sales), Switchboards Controlboards & Misc. Access which contributed ₹ 632.70 Cr to Sales Value (5.85 % of Total Sales), Other Operating Revenue which contributed ₹ 190.70 Cr to Sales Value (1.76 % of Total Sales), Rent which contributed ₹ 55.40 Cr to Sales Value (0.51 % of Total Sales), Commission which contributed ₹ 30.70 Cr to Sales Value (0.28 % of Total Sales), Export Incentives which contributed ₹ 18.60 Cr to Sales Value (0.17 % of Total Sales)for the year ending 30-Sep-2016.

For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 2234.38 Cr., down -25.28% from last quarter Sales of ₹ 2990.30 Cr. and down -1.37% from last year same quarter Sales of ₹ 2265.30 Cr. Company has reported net profit after tax of ₹ 160.01 Cr. in latest quarter. The company’s CEO is Mr.Sunil Mathur. It's Board of Directors include Dr.Roland Busch, Mr.Ashish Bhat, Mr.Bhaskar Mandal, Mr.Christian Rummel, Mr.Darius C Shroff, Mr.Deepak S Parekh, Mr.Devidas Kulkarni, Mr.Dominik Hofmann, Mr.Harald Griem, Mr.Joe Kaeser, Mr.Johannes Apitzsch, Mr.Keki B Dadiseth, Mr.Ketan Thaker, Mr.Sunil Mathur, Mr.Tilak Raj Seth, Mr.Yezdi H Malegam, Ms.Mariel von Schumann, Mr.Ketan Thaker. Company has its registered office at Industrial Turbines Group,, Rudra House (Opp. Sarabhai Chemicals), Wadi Wadi, Vadodra, 390007, Gujarat. Company has SRBC & Co LLP as its auditors. As on 31-03-2017, the company has a total of 356,120,255 shares outstanding.