Siemens presently trades at Rs.495 each share, which is high with 16.60 points on the Sensex. The stock hit on the higher side at Rs.484 each share as opposed to its earlier end of Rs.478.40.

On Intraday, the counter reached an up and a down of Rs.502.40 each share and Rs.482 each share, correspondingly.

Till now, 1,47,475 company’s shares have been traded on the Sensex.

The BSE 100 stock has reached its 52-week up of Rs.597.70 each share on 4th August, last year and a 52-week down of Rs.186.20 each share on 23rd January.

Siemens plans to devote Rs.275 crore to grow its steam turbine service at Vadodara. The anticipated growth program, to be finished by 2010, is ready to triple its present capacity.

The Vadodara entity presently produces multi stage steam turbines nearly 45 mw for industrial applications.

The factory will produce steam turbines nearly 100 MW with the growth. Moreover, it would also generate job prospects for 200 inhabitants.