Siemens Energy India shares gained nearly 5% in early trade on Tuesday after posting strong fourth-quarter performance. The company reported a 27% year-on-year rise in revenue and 25% growth in Ebitda, with gross margins improving by 100 basis points to 35.6%. Although Ebitda margin at 18.1% was slightly below estimates, PAT grew 31% YoY in […]Continue Reading
