Siemens shares may be in focus after the company approved the sale of its Low Voltage Motors and Geared Motors business to Innomotics India for Rs 2,200 crore. The transaction, based on a slump sale, is expected to close by June 2026 following regulatory clearances and aligns with Siemens’ global restructuring.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets