Siemens India's new orders rose 37.8% year on year to Rs 6,228 crore, while its order backlog increased 12% to Rs 47,034 crore. Brokerages see infrastructure spending and private sector capex supporting growth, but flag commodity and foreign exchange pressures on margins.
Siemens India's new orders rose 37.8% year on year to Rs 6,228 crore, while its order backlog increased 12% to Rs 47,034 crore. Brokerages see infrastructure spending and private sector capex supporting growth, but flag commodity and foreign exchange pressures on margins.
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