Siemens shares jump over 3% as company-led consortium bags ₹4,100 crore order; check details

“The consortium led by Dineshchandra R Agrawal Infracon Private Limited, Siemens Limited, and Siemens Mobility GmbH has been awarded a landmark contract by National High Speed Rail Corporation Limited (NHSRCL)—the implementing agency for India’s first high-speed rail project,” Siemens said in a statement to exchanges.

Following this, shares of the company were trading at ₹3,338.90 apiece on the National Stock Exchange, rising 2.06%. It had touched an intraday high of ₹3,373.30 per share. 

The ₹4,100 crore order includes Siemens Limited’s share of ₹1,230 crore for the design, installation, and long-term maintenance of advanced signalling and telecommunications technologies. 

The project is expected to be executed over a period of 54 months, with Siemens providing 15 years of maintenance services, ensuring lifecycle reliability. 

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “As a consortium, we are proud to partner with National High Speed Rail Corporation Limited in the prestigious high-speed rail project. This project reflects our commitment to ‘Make in India’ and delivering technologies that promote sustainable and future-ready mobility.”

Siemens had reported over a 37% decline in its net profit to ₹408 crore in the March quarter, compared to the same period a year ago, mainly due to under-absorption of fixed costs and higher material costs in the Digital Industries business. Its net profit stood at ₹649 crore for the quarter ended on March 31, 2024.

The decline in profit from operations was due to under-absorption of fixed costs and higher material costs in the digital industries business.

Additionally, it explained that the profit was impacted by an extraordinary gain of ₹192 crore from the sale of property in Q2 FY 2024 and demerger expenses of ₹63 crore in the current quarter.

Revenue remained flat due to the ongoing normalisation of demand in digital industries and due to normal project delivery schedules in the mobility business.

Revenues from operation stood at ₹4,259 in the March quarter as against ₹4,152 crore in the same period a year ago.

The company follows an October to September fiscal year. 

In the past month, Siemens Limited shares have soared over 7%, while for a six-month period, the stock has declined 57%. From the beginning of this year, Siemens shares have slid 50%.

The company’s market capitalisation stands at ₹1,18,260.50 crore.

Shares of the firm had touched its one-year high of ₹8,129.90 apiece on October 16, 2024, while its 52-week low of ₹2,450 was hit on April 7, 2025.