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EquityWireEquity Alert: Siemens Energy dn 6% after losing out to rival on major order
Equity Alert

Siemens Energy dn 6% after losing out to rival on major order

This story was originally published at 10:10 IST on 22 December 2025
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Informist, Monday, Dec. 22, 2025                                      Tel +91 (22) 6985-4000


Equity Alert: Siemens Energy dn 6?ter losing out to rival on major order

 

MUMBAI--0956 IST--Shares of Siemens Energy India fell as much as 6?ter its competitor GE Vernova T&D India won a major order for a high voltage direct current terminal station. Shares of Siemens Energy hit its lowest level in over five months at INR 2,582 on the National Stock Exchange.

 

GE Vernova Saturday announced that it had got a contract for a HVDC terminal of 2.5 gigawatts to excavate renewable power from Khavada to South Olpad in Gujarat. "Siemens Energy was expected to win this order," an analyst with a foreign brokerage, which covers the sector, said.

 

Losing the above-mentioned order is a major loss for the company, several brokerages indicated in their reports. Nuvama Wealth Management estimates the order is likely to be worth INR 80 billion-INR 100 billion. 

 

Share volumes for Siemens Energy India were higher than usual with 1.4 million shares having changed hands so far in the day as compared with a daily average volume of 820,000 shares over the last three months. At 0954 IST, shares of the company were down over 5% to INR 2,600. Over the past few months, the stock has been weak, losing over 26% in three months. (Anshul Choudhary)

 

 


Equity Alert: Indices open higher; IT cos, index heavyweights gain

 

MUMBAI--0945 IST--Domestic benchmark indices opened higher Monday, extending Friday's gains on the back of a rise in shares of information technology companies. Almost every Nifty 50 constituent rose in the opening minutes of trade. Heavyweight financial services companies were also higher, aiding the 50-stock index.

 

At 0945 IST, the Nifty 50 was at 26133.40 points, up 167 points or 0.6%. The BSE Sensex was at 85428.98 points, up 499.62 points or 0.6%. Shares of Infosys were up more than 2%, the most on the Nifty 50 index. On Friday, American Depositary Receipts of Infosys surged as much as 40% and climbed to a 52-week high of $30. Other IT companies such as Wipro, Tech Mahindra, and HCL Technologies, rose 1–2%. Shares of Shriram Finance rose for the fourth consecutive session after brokerages raised their target price on the stock, citing positive implications from the recent stake acquisition in the company by Japan's MUFG. Meanwhile, shares of Mahindra and Mahindra and Ultratech Cement were slightly lower.

 

Index heavyweights HDFC Bank and Reliance Industries were 0.6% higher each, aiding the 50-stock index. Shares of ICICI Bank and Bharti Airtel were 0.6% and 1% higher, respectively.   

 

Among sectoral indices, the Nifty Metal index was 1.4% higher, followed by the Nifty IT index, which rose over 1%. Shares of metal companies such as Tata Steel and JSW Steel rose around 1%. Shares of Hindustan Zinc and its parent company Vedanta rose almost 1% and 3%, respectively, as the COMEX March silver contract hit a new record high of $69 per ounce. 

 

Among other stocks, GE Vernova T&D India advanced after the company got a contract to design and establish a high voltage direct current terminal station of 2.5 gigawatts from AESL Projects, according to an exchange filing Saturday. Shares of Siemens Energy India were more than 5% lower, the worst hit stock in the Nifty 500 index.  (Eshitva Prakash)


Equity Alert: Indices may open higher tracking gains in US, Asian peers

 

MUMBAI--0810 IST--Domestic headline equity indices are expected to open higher, extending gains from Friday's session, when they rose after a four-day fall, supported by positive global cues. The recent slight recovery seen in the Indian rupee against the dollar, primarily on likely intervention by the Reserve Bank of India, is also expected to support investor sentiment Monday. 

 

On Friday, major US indices closed higher, led by a rebound in technology shares. Chipmaker Micron Technology's strong forecasts reignited optimism around AI-related stocks, which had recently come under pressure over lofty valuations and funding concerns. Most Asian indices were also higher in early trade Monday, tracking gains on Wall Street. On Monday, the People's Bank of China decided to keep its 1-year and 5-year loan prime rates unchanged at 3% and 3.5% respectively, holding them for the seventh straight meeting, as estimated in a Reuters poll. 

 

Oil prices climbed in early trade ‍Monday after the US intercepted a Venezuelan oil tanker over the weekend. At 0810 IST, Brent Crude futures was up 0.8% at $60.97 per barrel. The US is also pursuing another oil tanker in what would be the third such operation in less than two weeks if it succeeds, officials told Reuters Sunday. 

 

The Indian rupee had seen a marginal recovery in the past three sessions after hitting a fresh record low last week. The recovery came on likely intervention by the RBI. The rupee's weakness against the dollar had been one of the primary reasons for the recent decline in the stock market, according to analysts.

 

GIFT Nifty contracts suggest the Nifty 50 may open higher. At 0809 IST, the December contract of the GIFT Nifty traded at 26182 points, more than 215 points above the Nifty 50's close on Friday. The Nifty 50 ended 0.6% higher at 25966.40 points on Friday. (Arya S. Biju)


Equity Alert: Asian indices open higher tracking gains on Wall Street

 

MUMBAI--0801 IST--Asian equity indices opened higher Monday tracking global cues as Wall Street gained due to rise in technology stocks. Investors also welcomed the Chinese central bank's decision to keep prime loan rates steady. 

 

The People's Bank of China kept its one-year and five-year prime loan rates unchanged at 3% and 3.5%, respectively. The central bank kept the rates unchanged for the seventh straight meeting, CNBC reported. The one-year rate influences most new and outstanding loans, while the five-year rates affect mortgages, as per the CNBC report. China's CSI 300 index was up 0.8% and the Hang Seng Index was up 0.2%. South Korea's KOSPI rose 1.9% and Australia's SP/ASX 200 Index rose 0.9%. 

 

Japan's Nikkei 225 rose over 2% as the yen declined, leading to robust export earnings for Japanese corporates. The yen sell-off came as the Bank of Japan raised interest rates to a 30-year high of 0.75%, which led to heavy selling pressure on government debt, Reuters reported. On Friday, the US equity indices ended higher for the second consecutive session, led by gains in technology stocks. 

 

Following were the levels of key Asian indices at 0755 IST:

 

Level

Last

Change in %

S P/ ASX 200 INDEX

8702

0.93

KOSPI

4096.93

1.90

Hang Seng Index

25733.03

0.17

CSI 300 Index

4606.62

0.84

TAIEX

28044.03

0.26

TOPIX FIRST SECTION

3414.24

0.90

Nikkei 225 Day

50515.33

2.04

  

(Adhithya Aji)


Equity Alert: US indices end higher Fri as technology stocks rebound

 

MUMBAI--0734 IST--US equity indices ended higher Friday, as technology stocks rebounded. Shares of artificial intelligence companies rose due to chipmaker Micron Technology's strong guidance for revenue for the current quarter. Shares of the company had recently come under pressure over high valuations and funding concerns. The stock rose 7%. 

 

Shares of tech giant Oracle surged nearly 7?ter TikTok agreed to sell its US operations to a new joint venture that includes the former private equity investor Silver Lake, CNBC reported. The shares of the company had come under pressure last week after media reports said Oracle lost a key investor from one of its data centre projects, which sparked concerns. Nvidia's shares rose about 4?ter US President Donald Trump launched a review that could result in the first shipments of the company's second-most powerful AI chips to China, Reuters reported, citing sources.

 

"Tech in general, particularly the AI-related companies, came under a fair amount of pressure and when Micron reported (on Wednesday) and the market reacted the way that it did, there's the idea that maybe people can come back to these (stocks)," Reuters quoted Thomas Martin, senior portfolio manager at Globalt Investments, as saying

 

Shares of Nike were among the worst hit after the company saw its revenue in its Greater China market decline for the sixth consecutive quarter, as per CNBC.

 

Following are the closing levels of US indices Friday:

 

Index

Level

Change in %

S&P 500

6834.5

0.88

NASDAQ Composite

23307.62

1.31

Dow Jones Industrial Average

48134.89

0.38

 

(Adhithya Aji)

 

US$1 = INR 89.59

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Tanima Banerjee

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

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