The counter moved up on good buying support after the company reported its Q4 results, according to market sources. The company has also benefited from power sector reforms which have boosted the Siemens stock.
The company is said to have reported a 85 per cent growth in net profit at Rs 53.46 crore (Rs 28.82 crore), on a 22 per cent growth in total income at Rs 481.79 crore (Rs 394.63 crore) for Q4 September 2003.
