Mumbai — The power game just got a serious jolt! Siemens Energy, fresh off its demerger from Siemens, made a sizzling stock market debut on June 19, clocking in at ₹2,840 on the NSE—a clear jump from its demerger value of ₹2,350. Within minutes, it raced up to hit the 5% upper circuit at ₹2,982, setting the trading floor abuzz.
Not to be outdone, the stock also opened strong on the BSE at ₹2,850 and stormed its way to ₹2,992 before getting locked in the upper circuit there too.
That’s not just a good start—it’s a power-packed entrance.
A Shock-Free Surge, but With Live Wires
The buzz around Siemens Energy didn’t come out of nowhere. Investors had been eyeing this one closely ever since the demerger went through on April 7, and the excitement seems well-founded.
In fact, brokerage heavyweight Jefferies has already pegged Siemens Energy India as a future leader in the power transmission and distribution (T&D) space—poised to become India’s largest listed pure-play T&D equipment firm. That’s no small feat in a sector that’s powering everything from EV expansion to national grid upgrades.
Jefferies didn’t stop at the title. They’re predicting a massive 40% compound annual growth rate (CAGR) in earnings per share from FY24 through FY27. The fuel? A robust T&D order book and rising operating leverage as the company improves facility utilization—currently under 60%.
So, in plain English? Siemens Energy isn’t even running at full throttle yet.
Industry Giants in Sight, and a ₹100B Opportunity
Jefferies also made an interesting comparison: rivals like Hitachi Energy and GE Vernova T&D are trading at 66x and 54x their projected FY27 earnings. Siemens Energy, at a more modest PE ratio of 46, still seems like a bargain with upside potential.
Let’s also not forget the massive opportunity on the table—India’s power transmission capex pipeline is projected to surpass $100 billion. With its expanding product portfolio and increasing momentum in clean energy, Siemens Energy is riding the wave, not swimming against it.
Clean, Green, and Seriously Seen
HDFC Securities is equally bullish. They’ve slapped a ‘buy’ rating on the stock and set a bold target of ₹3,000. Why? It’s all about that wide net. Siemens Energy isn’t just sticking to one lane—it’s spread across decarbonisation, power generation, grid automation, EPC services, and green hydrogen. Yes, even battery storage is part of the menu.
In short, they’re not just keeping the lights on—they’re building the grid of tomorrow.
What’s the Catch?
Even with today’s fireworks, some caution is natural. Midday on the BSE, Siemens shares were slightly down at ₹3,310 (that’s still above the listing high), showing the usual push and pull of a new listing. But with market optimism and heavy-hitter backing, today’s dip might just be a pause before the next big leap.
Bottom Line
From demerger to upper circuit in just a few weeks, Siemens Energy India isn’t just entering the market—it’s making a statement. For investors betting on India’s future power infrastructure and clean energy ambitions, this might be one electrifying ride worth watching.
So—did the market just meet its new energy superstar? It sure looks like it.
