Sensex: 78,205.98 (-1.72%)

Nifty: 23,866.85 (-1.63%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Siemens board decides to defer capex for setting up metro car assembly in Aurangabad
06-Feb-2026 15:06
Siemens announced that the company, in May 2024 had inter alia announced capex of around Rs. 186 crore to build a metro car assembly setup in Aurangabad to cater to both domestic and export markets. Due to continued delays in issuance of metro tenders and to ensure prudent capital allocation, the board of directors of the company at its meeting held on 06 February 2026 has decided to indefinitely defer the said capex decision. The Company will address this market through alternative business models. The Company is committed to pursuing metro rail opportunities in both domestic and export markets.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.