Prabhudas Lilladher has issued an ACCUMULATE recommendation for Siemens India, revising its target price to Rs 7,716 from Rs 7,374, representing a modest upside from the current market price of Rs

Siemens India share price surged almost 3 percent on Wednesday as the bullish momentum continues in the engineering major.

Indian Markets witnessed remarkable gains in key stocks in mid-cap segment, led by IRB Infrastructure, Cummins India, and Torrent Power, which recorded exceptional growth.

LTTS, Divis Labs, Siemens India, Godrej Properties Shares have witnessed bullish breakouts in today's trading session.

Siemens India share price was trading firm on Monday with 6.3 percent gains. Indian markets were trading bullish on Monday after NDA-led alliance won strong mandate in Maharashtra elections.

Motilal Oswal maintains a ‘Buy’ recommendation for Siemens India, with a target price of Rs 8,400, projecting a 24% upside from the current price of Rs 6,799.