Motilal Oswal initiates buy on Siemens Energy India, targets Rs 4000
Motilal Oswal published a research note on Siemens Energy India (ENRIN), citing gradual ramp-up in transmission order inflows and strong long-term demand tied to grid strengthening and grid flexibilization, plus data centers.
Motilal Oswal's research report on Siemens Energy IndiaOur recent interaction with Siemens Energy (ENRIN) suggests that ordering is gradually ramping up in the transmission sector, and long-term demand from grid strengthening, grid flexibilization and data center remains strong.
The demand-supply s…