New Delhi: Global brokerage firm Jefferies is bullish on the stocks of two companies. The brokerage firm predicted that shares of Siemens Ltd and KEI Industries Ltd are expected to rise in future as both the companies having strong fundamentals. Brokerage predicts that the stocks are expected to hump up to 54 percent.
Both the companies are having strong fundamentals. The brokerage estimated Siemens shares to give a return of up to 37 percent and KEI stock is projected to rise by 54 percent from the current levels.
Siemens shares were trading at Rs 3,312.10 apiece at 11:20 am on June 6, 2025. The stock closed at Rs 3,281 on 5th June. The market cap of the company is around Rs 1.16 lakh crore. The company is almost debt-free. The price-to-earnings (P/E ratio) is 45.25. The shares of the company’ have fallen by up to 50 percent in the last year.
Brokerage firm Jefferies has given a ‘Buy’ rating on Siemens shares and given a target price of Rs 4,500, which is about 37 percent higher than the current price. Jefferies predicts that if the company’s export growth remains fast, its margins will improve, and then the company’s growth and profitability are expected to increase further in the coming years.
Siemens Ltd is a well-known company that works in sectors such as digital industry, smart infrastructure, energy, and mobility. The automation and software solutions of this company cover the entire process from design to production and service.
KEI Industries Ltd is a wire and cable manufacturing company in India. Apart from manufacturing cables and wires, it also manufactures stakes in stainless steel wires and is involved in EPC projects. On June 6, 2025 the stock was trading at 3,688.20 at the time of writing this article. Its market cap stood at Rs 34,842 crore. The price-to-earnings ratio (P/E ratio) is 49.76.
The company’s advantage of a debt-free balance sheet plays another important supporting role in its further growth. Though the stock has given a negative return of 11 percent to investors in one year, brokerage firm Jefferies supports its growth and predicts a return of up to 54 percent. Jefferies has initiated ‘Buy’ rating on KEI Industries shares and provided a target price of Rs 5,625 per share.
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