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.
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.