Dividend Announcement

Siemens Limited, a leader in technology and digital transformation in India, has declared a ₹12 per equity share dividend (600%) for FY24, payable from February 14, 2025. For Q4 FY24, Siemens reported a 45.4% YoY increase in net profit to ₹830.7 crore, with revenue rising 11.2% YoY to ₹6,461 crore and EBITDA up 34% to ₹938 crore, pushing margins to 14.5%. The stock is trading at approximately ₹7,400, showing strong momentum above key moving averages. Analysts forecast further gains if it breaks resistance at ₹7,666, with a target of ₹8,200. Siemens’ solid performance and dividend make it a strong investment pick.