Siemens sells Land parcel in Bangalore for Rs. 345 crore

As part of its continuous asset optimization exercise within Siemens Ltd., the company have sold the land parcel in Bangalore today (i.e. July 03, 2014) to Prestige City Properties. The proceeds of the sale is approximately Rs. 345 crore.

Shares of SIEMENS LTD. was last trading in BSE at Rs.988.35 as compared to the previous close of Rs. 990.85. The total number of shares traded during the day was 10821 in over 1173 trades.

The stock hit an intraday high of Rs. 1003 and intraday low of 984.5. The net turnover during the day was Rs. 10749779.

Source : Equity Bulls

Keywords