Business Daily from THE HINDU group of publications
Thursday, Nov 30, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Stock Markets
Markets - Stocks
Columns - Ear to the ground
Get Latest BSE Quote
Siemens turns weak on `downgrade'

The stock of Siemens has lost almost 15 per cent week-on-week, ending the day today at Rs 1,136.75 on the BSE. Margin pressure, dismal performance by Siemens Information Systems and the divestment of Siemens Public Communication have led many brokerages to downgrade the stock, thereby impacting market sentiment.

Analysts' perception is that divestment of a high-growth segment will negatively impact the consolidated earnings growth.

Deeptha Rajkumar

More Stories on : Stock Markets | Stocks | Ear to the ground | Siemens Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Adclub BL Hiring

Stories in this Section
`Product development space hotting up'


Indian, AI merger may get income-tax relief
Price cut may ease inflation: Chidambaram
Ascendas may set up Rs 500-cr bio-IT park in Chennai
Petrol, diesel prices cut
Volkswagen to launch small car
TCS cuts annual vacation days to 16 for India-based staff
Dollar-commodity linkage turning tenuous
ACC at high on FII limit hike talk
Siemens turns weak on `downgrade'
Indian Hume Pipe in real estate?
Kotak Bank plans overseas expansion
ICICI Bank in talks with ISPs on hiring format
Banks shift gear, move to long-dated securities


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line