In its report dated May 19, Jefferies stated: “While this is not a meaningful segment for Siemens’s growth prospects in transmission and railways, it has led to implied loss for investors as it was sold at lower EV/ sales.” The brokerage said the unit accounted for 7% of Siemens India’s FY22 sales and 9% of its profits.
Q4 results today: JSW Energy, PB Fintech among 134 companies to announce earnings on Thursday
JSW Energy’s Q4 earnings are anticipated to show a strong sequential recovery, with net sales expected to reach ₹29.89 crore, reflecting both QoQ and YoY