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En Masse asked Want to BUY Siemens Ltd stocks for long term(at least an year). Is that worth buying?
Hi all. I want to buy limited no. of stocks of Siemens Ltd and planning to hold it for at least an year . Its current market price is around Rs820. Is it worth buying and holding for an year? If so how much price it will reach maximum(approx.) in an year. Also suggest some best stocks to hold on for an year.
And got the following answer:
Company has a dominant presence in the field of electrical and electronics engineering. It has the capability to integrate diverse products, systems and services into turnkey solutions across the life cycle of a project. It is also a major player in power, industrial projects, industrial automation, healthcare engineering, transportation and telecommunications. Company has a wide presence across the country, where its operations include 12 manufacturing plants and 19 sales offices. Company is planning to focus on supplying equipment for women's healthcare through its medical equipment division. Company is expanding operations in India through a "Centre of Excellence", which would act as the hub for working would act as the hub for working on high voltage direct current projects all over the world. This would be a new department and operate as a profit center within the transmission and distribution department.