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NikunjPurohit
Nov 19, 2018 6:42 AM

Siemens Long

SIEMENS INDIA LTDNSE

Description

1) Large volumes at triple top
2) Large delivery volume plus high OI
3) Capital good sector showed good numbers
4) About to exit accumulation phase
5) Trades at P/E 33x - foreign promoters - primarily in T&D space - New Orders grew by 38.1% to Rs. 3,720 crore compared to Rs. 2,694 crore in the fourth quarter of Financial Year 2017
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