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GA-Renova & CCA in race to buy American oncology: Siemens Healthineers looking to exit non-core business for Rs 1,500 crore
Two prominent players are in the running to purchase American Oncology Institute from Siemens Healthineers. One of the potential buyers is General Atlantic in collaboration with Renova Hospitals, while the other contender is Raj Mantena's Cancer Centers of America. Siemens Healthineers initially acquired this cancer network as part of a larger strategic agreement. The completion of the sale is anticipated by mid-August.
Stocks to buy: Siemens Energy, Chola Fin, EID Parry; recommends Geojit
Technical stock picks: Anand James, Chief Market Strategist at Geojit Investments recommends 'Buy' on Siemens Energy India, EID Parry and Cholamandalam Investment on Tuesday.
Hitachi Energy, GE Vernova, Siemens rise up to 6% as Nomura calls recent correction an ‘overreaction’. 4 reasons why
Indian electrical equipment stocks rebounded, gaining up to 6% after global brokerage Nomura labelled the recent sell-off an "overreaction." Nomura highlighted that Chinese firms, granted a two-year tender exemption, historically secured minimal market share. They also noted capacity constraints among these firms, suggesting the exemption is a temporary measure, not a policy shift, thus limiting significant impact on domestic players.
Poly Medicure among 4 stocks that closed below VWAP
Four Nifty500 stocks, Poly Medicure, Aditya Birla Real Estate, Siemens Energy India, and Onesource Specialty Pharma, closed over 2% below their VWAP on July 3, indicating potential bearish momentum and heightened selling pressure, according to technical scan data.
Buy, Sell Or Hold: Eternal, Swiggy, Anant Raj, Canara Bank And Siemens Energy — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Hitachi, Siemens Stay Jefferies' Top Picks Even As Govt Opens Door To Select Chinese Firms
The brokerage said it remains positive on Hitachi Energy India and Siemens Energy India, recommending investors use the recent weakness to accumulate the stocks.
Siemens upgraded by Kepler; forecasts hiked above consensus with €280 PT - in.investing.com
Siemens upgraded by Kepler; forecasts hiked above consensus with €280 PTin.investing.com
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-May
Europe's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclical stocks. Investors shrugged off near-term US rate concerns as easing Middle East tensions broadened the rally beyond technology shares. Siemens led gains in Germany, while defence stocks benefited from expectations of higher military spending amid escalating geopolitical risks.
Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s why
Indian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for government tenders. This move, aimed at easing project delays, allows companies like TBEA Energy and Nanjing Electric India to participate, despite earlier restrictions following the 2020 border clash. The exemption, however, is not to be treated as a precedent.
Siemens, ABB, Jyoti CNC And More In Focus Ahead Of Capital Goods Q1 Results — Check New Target Prices
Yes Securities projects stable quarter for capital goods sector amid geopolitical tensions.
Kotak Institutional removes ABB India, Siemens, Cummins India from model portfolio
Kotak Institutional Equities' Sanjeev Prasad prefers private banks over IT and expensive industrial stocks, citing attractive valuations, stable credit growth and the potential for re-rating. He warned that AI-driven pricing pressure makes it difficult to value IT companies and said investors should avoid chasing richly valued capital goods and electrification stocks despite strong long-term themes. Healthcare, hospitality, retail and telecom remain among his preferred sectors.
Jefferies initiates coverage on GE Vernova, bullish on 2 other power transmission stocks
Jefferies has initiated coverage on GE Vernova T&D India with a Hold rating and a target price of ₹6,000, citing limited upside despite strong sector tailwinds. The brokerage remains bullish on Hitachi Energy India and Siemens Energy India, reiterating Buy ratings with target prices of ₹43,145 and ₹4,500, respectively.