The company further said that it will supply and supervise the installation and commissioning of three-phase propulsion systems for Diesel Electric Locomotives and three-phase traction motors.
Engineering major Siemens Ltd has bagged orders worth Rs 450 crore from Varanasi-based Diesel Locomotive Works. "The mobility division of Siemens Ltd has won three orders worth approximately Rs 450 crore from... Diesel Locomotive Works of Indian Railways for locomotive equipment," Siemens said a statement.
The company further said that it will supply and supervise the installation and commissioning of three-phase propulsion systems for Diesel Electric Locomotives and three-phase traction motors. Diesel Locomotives Works is a production unit of Indian Railways located at Varanasi and manufactures around 300 diesel electric locomotives every year.
Siemens stock price
On February 09, 2015, at 14:14 hrs Siemens was quoting at Rs 1125.85, up Rs 20.20, or 1.83 percent. The 52-week high of the share was Rs 1136.00 and the 52-week low was Rs 522.80.
The company's trailing 12-month (TTM) EPS was at Rs 32.91 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 34.21. The latest book value of the company is Rs 122.87 per share. At current value, the price-to-book value of the company is 9.16.
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