Power index rises 1%: Siemens Energy, GE Vernova rally up to 5%; here's why
Siemens India reported results.
· Business Standard Mkts
Power stocks were in demand on Friday amid reports that the National Committee on Transmission approved a first-of-its-kind 1,150 kV transmission project worth ₹68,816 crore.
The analysis
Siemens India reported ₹68,816 crore, with movement of 1% and 5% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.1% on the day at ₹3,665.60, and has returned -8.7% over three months. It sits 11% below its 52-week high. The capital goods & engineering sector has moved -7.7% over the same period, so Siemens India is running 1.0 points behind its peers.
For Siemens India, the question is how much of this is already reflected in the price and how much re-rates the capital goods & engineering peer set alongside it.
Market context
- In focus: Siemens India (SIEMENS), in Capital Goods & Engineering.
- Over three months: Siemens India -8.7% against Capital Goods & Engineering -7.7% (1.0 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Siemens IndiaSIEMENS · Capital Goods & Engineering | ₹3,665.60 | -0.1% | +0.5% | -8.7% | -10.9% | 1.0× | — |
Capital Goods & Engineering
1M -5.3% · 3M -7.7%
Siemens India
Power
1M +1.5% · 3M -8.1%
Prices as of 13 Nov 2026, 14:10 IST. Sector moves are the average of the stocks we track in each sector.
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