SIEMENS LTD SHARE PRICE [LIVE]

About SIEMENS

Today's live share price for SIEMENS LTD is NSE: ₹ 3,307.40, BSE: ₹ 3,308.90 with a current market capitalization of .

Siemens Ltd provides technology-enabled solutions operating in the core business segments of industry, energy and healthcare. The company operates in eleven segments: Industry Automation, Drive Technologies, Building Technologies, Industry Solutions, Mobility, Fossil Power Generation, Oil & Gas, Power Transmission, Power Distribution, Healthcare and Real Estate. Industry Automation provides automation products and systems, industrial automation systems and low-voltage switchgears. Drive Technologies provides drives and motors, special purpose motors, process and motion control systems. Building Technologies includes electrical installation technologies. Mobility provides solutions for rail automation and railway electrification. The Fossil Power Generation Division offers products and solutions for power generation-based on fossil fuels. Siemens Ltd was incorporated in the year 1957 as Siemens Engineering and Manufacturing Company of India Pvt Ltd. The was founded by Werner von Siemens. In March 1957, the company entered into a collaboration agreement with two foreign companies, viz., Siemens & Halske AG and Siemens Schuckertwerke AG of West Germany. In the year 1966, the name of the Siemens & Halske AG was changed to Siemens AG and at the same time, it took over the manufacturing and business activities of Siemens-Schuckertwerke AG and Siemens-Reiniger-Werke AG. The name of the company was changed in the year 1967 from Siemens Engineering & Manufacturing Company of India Ltd to Siemens India Ltd. In the year 1970, Siemens-Reiniger-Werke AG and Siemens-Schuckertwerke AG were merged with Siemens AG. In the year 1985, the company incorporated a subsidiary company, namely Siemens Communication Systems Pvt Ltd to undertake the manufacture of certain items of Telecommunication equipment for export purposes. In the year 1987, the company established a software centre at the head office in Mumbai to cater to the software package requirements of the control and automation systems and also to tap the export market. In the year 1990, the company undertook a project to set up a plant at Waluj in Aurangabad district of Maharashtra for the manufacture of switchgears and miniature circuit breakers. In the year 1991, the Medical engineering division launched a mobile C-arm image intensifier system, saving valuable foreign exchange. Also, the motors, drives and automation division launched the microprocessor based modular drives for AC and DC applications, microprocessor based digital uninterrupted power supply and micro PLC Simatic 90U. The name of Siemens Communication Systems Pvt Ltd was changed to Siemens Information Systems Ltd In the year 1993, the company introduced State-of-the-art advanced process control system at Nashik in order to meet-stringent control requirements of chemical and petro-chemical industries. In the year 1994, the company signed an MoU with Asia Chip Card, Singapore and Semiconductor Corp Ltd to enter into the smart card business. In the year 1996, the company suffered by loss due to discontinuous of the operations of the Telecommunications division. In the year 1998, Siemens Public Communications, a 70:30 joint venture company between Siemens Germany and Siemens Ltd India were formed. Siemens Telecom Ltd, a joint venture between Siemens and Bharti Telecom formally launched their Euroset and Emerald series of phones at Bangalore. In the year 1999, the company set up Unisphere Solutions Inc to target leadership in the converged voice and data and Internet networking solutions. In the year 2000, they launched `total hotel solutions` for the hospitality industry to cater to the growing needs of the corporate travelers. They launched their new line of information and communication solutions - Hicom 150 E Office and ESL8i - targeted at small and medium enterprises. In the year 2001, Siemens Information Systems Ltd, a wholly owned subsidiary company signed a partnership contract with Avraham Goldratt Institute of USA (AGI). The company introduced different models of mobile phones, which cover various features in each. In the year 2004, the company bagged order worth Rs 4830 million from the Ministry of Railways. Also, Bosch inked pact with Siemens to roll out refrigerators. Also, the company made a strategic alliance with Aethra Telecomunicazioni, Italy to offer a range of video and audio conferencing solutions in India. In the year 2006, the company made an alliance with Huawei-3Com to offer high performance networks to Indian enterprises. In the year 2007, the company acquired a 77% of stake in iMetrex Technologies Ltd, which is a leading provider of products and solutions in the areas of electronic security, safety and building automation systems. In September 2007, the company acquired the balance 26% stake in Siemens Industrial Turbomachinery Services Pvt. Ltd. (SITS) from Pimac Engineers Pvt. Ltd. In November 2007, the company bagged an order worth of Rs 870 million (Rs 87 crore) from McNally Bharat Engineers Pvt Ltd for supplying electricals for Rashtriya Ispat Nigam Ltd`s new Sinter Plant at Vizag. In January 2008, the company and the Government of Maharashtra signed a Letter of Understanding to support company`s expansion plans in the State. In April 2008, the company took over Morgan Construction Co., the rolling mill specialist based in Worcester, Massachusetts, USA. In May 2008, the company`s Medical Solutions installed Asia`s first high definition positron emission tomography (HD PET). This high-end equipment is installed at Piramal Diagnostics (formerly Wellspring), Mumbai. During the year 2009-10, as per the scheme of amalgamation, Flender Ltd, a wholly owned subsidiary of the company was amalgamated with the company with effect from October 1, 2009. In January 8, 2010, the company acquired the balance 13.85% stake Siemens Building Technologies Pvt Ltd, Chennai (SBTPL) comprising of 517,209 Equity Shares of Rs 10 each, from the promoters of SBTPL for a consideration of Rs 702.51 million. With this acquisition, SBTPL became a wholly owned subsidiary of the company. During the year 2010-11, the company created a new Sector "Infrastructure & Cities" in line with Siemens global strategy and in order to achieve better portfolio synergy. The new sector will offer solutions to the cities for mobility, environmental protection and energy savings. This sector will be having five divisions (Mobility, Rail System, Low & Medium Voltage, Smart Grid and Building Technologies) and these divisions will work closer to their target markets and develop additional business opportunities in the growing market of cities. During the year, as per the scheme of amalgamation, Siemens Building Technologies Pvt Ltd and Vista (a wholly owned subsidiary of SBTPL) were amalgamated with the company with effect from October 1, 2010. Consequent to the amalgamation of SBTPL, , the three subsidiaries of SBTPL i.e. iMetrex Technologies Ltd., Ireland (ITL), Europlex Technologies (UK) Ltd., UK (ET UK) and Europlex Technologies (Ireland) Ltd., Ireland (ET IL) became subsidiaries of the company. During the year, ITL, ET UK & ET IL were sold to Siemens Schweiz AG, Switzerland (a subsidiary of Siemens AG) for a total consideration of Euro 2.95 million During the year, as per the scheme of amalgamation Siemens Healthcare Diagnostics Ltd was amalgamated with the company with effect from March 14, 2011. In April 2011, Siemens Rolling Stock Pvt Ltd, a wholly owned subsidiary of the company was amalgamated with the company with effect from October 1, 2009. In September 2011, the company received an order from Siemens AG valued at Rs 294.50 crore for a transmission project of Power Grid of Corporation of Bangladesh. The completion period is 24 months. The company has approved the amalgamation of Siemens VAI Metals Technologies Pvt Ltd, Kolkata (SVAI), a 100% Siemens AG Company and Morgan Construction Company India Pvt Ltd, Mumbai (Morgan) a wholly owned subsidiary of SVAI with the company. The appointed date was fixed as October 1, 2011. in 2012, The Company won contract to modernize electricity distribution system for Maharashtra State Electricity Distribution Company. The company inked contract with PGCIL to construct 765 kV test lab in Bina, MP. The Company started operations in two greenfield factor in Goa. In 2013 Siemens launches SIMATIC S7-1500 with TIA Portal -Siemens installs Asia`s first SOMATOM Definition Edge CT scanner at PSG Hospitals, Coimbatore -Siemens Limited wins contract to build first private sector-funded GIS substation in Bangladesh. Siemens wins order to modernize Korba Stage-II plant of NTPC -Siemens wins repeat order for Gurgaon Metro South Extension project. Siemens Corporate Citizenship Film Runner-up at Global Sustainability Awards. Siemens-powered Rapid Metro Rail Gurgaon begins operations. Siemens inaugurates State-of-the-Art Test Center for Motors. Siemens installs SOMATOM Perspective 128 slice CT scanner at SRL Diagnostics-Speedscans, Surat. Siemens introduces cutting-edge patient care technology with two new solutions - Biograph mCT Flow & Symbia Intevo. In 2014, the company launches best-fit controller for mid-sized DCS market.- AS 410 SMART. The company also launches optimized servo drive system for motion control applications. The company installs world`s longest lab automation track at Thyrocare. The company Installs India`s First Ultrasound System with Wireless Transducers at K.G. Hospital, Coimbatore. The company bags orders from Reliance Industries for supply of steam turbines. The company successfully delivers 1200kV CVT to National Test Station, Power Grid. The company wins international recognition for its motors manufactured in India. The company wins order worth Rs. 317 crores from Bihar Grid Company Ltd. The company surpasses 100,000 milestone for energy-efficient industrial motors. In 2015, the company has bagged orders worth Rs 450 crore from Varanasi-based Diesel Locomotive Works. The company wins Rs. 55 crore order for High Voltage Circuit Breakers from Algeria. The company wins order worth Rs. 123 crore from Power Grid Company of Bangladesh. The Company has received an order worth Rs 67 crore for supply of high voltage gas insulated switchgear from Larsen and Toubro. The company has powers cities across three states Punjab, Uttarakhand and Haryana with Smart Grid solutions. The company wins order worth Rs. 81 crore from Diesel Locomotive Works. The company has received an order of Rs 79 crore from Pune based wind turbine supplier, Suzlon Energy Limited. IL&FS & GIFTCL sign MoU with the company to develop Smart Mobility Solutions for GIFT. The company has opened up a global skill centre for occupational safety in Mumbai in collaboration with TUV Rheinland India.