Sacchitanand Uttekar of Tradebulls Securities has a sell call on Siemens with a target price of Rs 1190.0 . The current market price of Siemens is Rs 1233.65. Sacchitanand Uttekar recommended a stoploss at Rs 1,246.

Siemens key products/revenue segments include engineering goods which contributed Rs 6,929.20 crore to sales value (54.45 per cent of total sales), income from project development which contributed Rs 4,133.80 crore to sales value (32.48 per cent of total sales), sale of services which contributed Rs 1,206.40 crore to sales value (9.48 per cent of total sales), other operating revenue which contributed Rs 201.10 crore to sales value (1.58 per cent of total sales), export incentives which contributed Rs 165.80 crore to sales value (1.30 per cent of total sales), rental income which contributed Rs 65.50 crore to sales value (0.51 per cent of total sales) and commission which contributed Rs 23.30 crore to sales value (0.18 per cent of total sales)for the year ending 30-Sep-2018.

For the quarter ended 30-06-2019, the company has reported a consolidated sales of Rs 3128.10 crore, down 10.36 per cent from last quarter sales of Rs 3,489.80 crore and up 4.74 per cent from last year same quarter sales of Rs 2986.40 crore. The Company has reported net profit after tax of Rs 250.10 crore in latest quarter. The company’s top management includes Mr.Cedrik Neike, Mr.Christian Rummel, Mr.Darius C Shroff, Mr.Deepak S Parekh, Mr.Joe Kaeser, Mr.Johannes Apitzsch, Mr.Keki B Dadiseth, Mr.Mehernosh B Kapadia, Mr.Sunil Mathur, Mr.Yezdi H Malegam, Ms.Anjali Bansal, Ms.Mariel von Schumann. The company has SRBC & Co LLP as its auditos. As on 30-06-2019, the company has a total of 356,120,255 shares outstanding.

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