{"id":623031,"date":"2023-12-19T09:46:47","date_gmt":"2023-12-19T04:16:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=623031"},"modified":"2023-12-19T11:11:24","modified_gmt":"2023-12-19T05:41:24","slug":"siemens-hits-new-summit-soars-nearly-9-on-plans-to-spin-off-energy-biz","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/siemens-hits-new-summit-soars-nearly-9-on-plans-to-spin-off-energy-biz\/","title":{"rendered":"Siemens hits new summit, soars nearly 9% on plans to spin-off energy biz"},"content":{"rendered":"<p>Shares of Siemens soared nearly 9 per cent to a new life-time high at 4,244.55 in Monday&#8217;s intra-day deals on the BSE after the company announced its plan to consider demerger of its energy business into a separate entity. <\/p>\n<p>At 1:45 PM, Siemens traded with a gain of 7.7 per cent at Rs 4,205. Around 29,000 shares had exchanged hands at the counter, as against the two-week average volume of around 13,000 shares on the BSE. <\/p>\n<p>The stock has been a star outperformer so far this year, with a gain of over 15 per cent as against the BSE benchmark return of 17.5 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Siemens soared nearly 9 per cent to a new life-time high at 4,244.55 in Monday&#8217;s intra-day deals on the BSE after the company announced its plan to consider demerger of its energy business into a separate entity. At 1:45 PM, Siemens traded with a gain of 7.7 per cent at Rs 4,205. Around 29,000 shares had exchanged hands at the counter, as against the two-week average volume of around 13,000 shares on the BSE. The stock has been a star outperformer so far this year, with a gain of over 15 per cent as against the BSE benchmark [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-623031","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=623031"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623031\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=623031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=623031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=623031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}