Siemens presently trades at Rs 223.30, up by 12.20 points or 5.78% from its previous closing of Rs 211.10 on the BSE.

The stock opened at Rs 211 and has touched a high of Rs 229.40 with low remaining its opening price. So far 3,59,110 shares were traded on the BSE.

The BSE Power sector stock touched a 52 week high of Rs 2024 on January 17, 2008 and a 52 week low of Rs 208.05 on the BSE.

The BSE Power index is currently trading at 1,720.64 up by 1.43% from its previous closing.

Siemens India, engineering firm has divested its entire stake in Siemens India Systems (SISL) to a subsidiary of Siemens AG for Rs 449 crore.

Siemens AG has also bundled three sectors of SISL’s software business industry, energy and healthcare by creating a central software house under the Corporate Technology department for its captive business. The new SISL is expected to have a dual mandate, first as a software factory providing Siemens’s R&D and product development initiatives across the country and second as an offshore development centre for Siemens IT Solutions and Services group for its external customers.