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ICICI Direct Report
Siemens Ltd. is a leader in technology solutions for smart, intelligent, sustainable cities, building technologies, mobility and power transmission and distribution.
The company operates mainly in five key business verticals like energy/gas and power (40%), smart infrastructure (27%), digital industries (19%), mobility (9%), portfolio of companies (4%).
Key products include transformers, turbines, medium/low voltage switchgears, motors, mechanical drives and railway electrification equipment and control systems.
The company’s product portfolio, debt free status, highly underpenetrated market, strong global parentage (Siemens AG) augur well.
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