Siemens rose 3.79% to Rs 1,552.20 at 10:30 IST on BSE after net profit rose 1195.23% to Rs 168.25 crore on 1.29% increase in total income to Rs 2431.51 crore in Q3 June 2015 over Q3 June 2014.
The result was announced after market hours yesterday, 5 August 2015.
Meanwhile, the S&P BSE Sensex was up 13.33 points or 0.05% at 28,236.41.
On BSE, so far 65,245 shares were traded in the counter as against average daily volume of 33,621 shares in the past one quarter.
The stock hit a high of Rs 1,558, which was also a record high for the stock. The stock hit a low of Rs 1,514.30 so far during the day. The stock had hit a 52-week low of Rs 770 on 16 October 2014.
The stock had outperformed the market over the past one month till 5 August 2015, rising 4.89% compared with Sensex's 0.46% gain. The scrip had also outperformed the market in past one quarter, gaining 11.34% as against Sensex's 2.85% gain.
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The large-cap company has equity capital of Rs 71.22 crore. Face value per share is Rs 2.
Siemens' new orders declined 18.23% to Rs 2234.08 crore in Q3 June 2015 over Q3 June 2014.
Siemens' Managing Director and Chief Executive Officer Sunil Mathur said that order inflow in the company's energy vertical has not yet picked up. The company's continued focus on operational excellence is reflected in its improved profitability, he added.
Siemens is a engineering company and a leading inventor, innovator and implementer of leading-edge technology enabled solutions operating in the core business segments of Industry, Energy, Healthcare and Infrastructure and Cities.
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