Siemens Energy Makes Market Debut At Rs 2,840; M-Cap Surges Past Rs 1 Lakh Crore | Markets News

Last Updated:June 19, 2025, 10:23 IST

Siemens Energy Share Price: Shares of Siemens Energy India Ltd (SEIL) debuted at Rs 2,840 during the special opening session on Thursday

Siemens Energy Share Price: Shares of Siemens Energy India Ltd (SEIL) debuted at Rs 2,840 during the special opening session on Thursday, June 19, 2025, valuing the newly listed entity at a market capitalization of Rs 1.01 lakh crore. The company was demerged from Siemens Ltd on April 7, 2025, and was previously valued at Rs 2,368.8 per share.

In a regulatory filing on June 18, Siemens Ltd confirmed that SEIL had received approvals from both the BSE and NSE for listing and trading of its equity shares from June 19. The stock will trade under the scrip ID ENRIN and be listed in the ‘T’ group, which restricts intraday trading and limits daily price movement to a 5% circuit for the first 10 sessions.

SEIL has emerged as India’s largest listed pure-play power transmission and distribution (T&D) company, overtaking peers such as Hitachi Energy and GE Vernova. Shareholders of Siemens Ltd received SEIL shares in a 1:1 ratio as part of the demerger process.

SEIL focuses on the transmission and distribution segment and small-sized turbines and is well-positioned to benefit from India’s growing energy infrastructure needs. According to Motilal Oswal Financial Services, margins have already shown improvement in the first five months of FY25. The brokerage expects a 25% revenue CAGR and 31% PAT CAGR over FY25–27, with EBITDA margins rising to 21.4% by FY27. It values the stock at 60x FY27 earnings, assigning a target price of ₹3,000 and has resumed coverage with a ‘Buy’ rating.

HDFC Securities echoed a bullish outlook, highlighting SEIL’s strong positioning in decarbonization, power generation, grid automation, and clean energy solutions such as green hydrogen and battery storage. It noted that Siemens Energy has historically delivered solid margins, clocking 22.6% EBITDA in H1FY25. HDFC also gave a ‘Buy’ call with a target of Rs 3,000, based on 60x Sep-27 estimated earnings.

Jefferies had earlier projected a listing price in the range of Rs 2,995–Rs 3,711, noting SEIL’s potential to trade at a 60x P/E on March 2027E EPS, a slight premium over Siemens Ltd’s non-energy businesses. Its base case target price stands at Rs 3,350.

However, brokerages flagged potential risks including a slowdown in order inflows, supply chain challenges, rising fixed costs, and a possible softening of the capex cycle that could impact profitability.

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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