Siemens gains 1% on Rs 187 crore order win from Dhaka

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Share prices of Siemens added 1.3 percent intraday Friday on the back of order win from Dhaka.

The company has won an order worth of Rs 187.4 crore from Bangladesh Rural Electrification Board (BREB), Dhaka.

The project includes construction of new 33/11 kV Air Insulated Switchgear substations in Dhaka, Chittagong and Sylhet.

All the products and solutions delivered for the project have been manufactured in factories at Siemens India.

At 11:27 hrs Siemens was quoting at Rs 1,250.35, up Rs 10.80, or 0.87 percent on the BSE.

Posted by Rakesh Patil