Siemens Energy Share Price Hits Record High After Q3 Profit Surges Over 80%

Siemens Energy India Ltd. share price hit record high during early trade on Tuesday after the third quarter profit nearly doubled and new orders surged. The power generation company's consolidated net profit in the April-June quarter went up 80% to Rs 263 crore, compared to Rs 143 crore in the year-ago period, as per financial results released a day prior. Revenue rose 20% to Rs 1,785 crore.