Buy Siemens, target price Rs 8,000: Motilal Oswal Financial Services

Motilal Oswal Financial Services has suggested a buy on Siemens, targeting Rs 8,000, with its current price at Rs 6831.15. Siemens reported a significant increase in quarterly income and net profit for Q3 2024. Expected to benefit from private capex growth and exports, Siemens aims for notable revenue, EBITDA, and PAT growth through FY24-27.