Siemens share price chart showing a 9% decline due to slow private sector capex growth

Siemens India Share Price Drops 9% Amid Slow Private Sector Capex

Siemens India share price took a significant hit on December 20, 2024, with a 9% drop in midday trading. The sharp decline followed a disappointing earnings call where Siemens revealed that private sector capital expenditure (capex) had failed to show any meaningful growth. This news raised concerns among investors, especially as it was coupled with…

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