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    Siemens Target Price Raised After Q6 Results; Forex, Cost Headwinds Weigh on Margins, Says Motilal Oswal — Check Upside

    1 day ago

    Q6 margin performance was hit by a steep raw material price inflation and rupee depreciation, and with the short cycle nature of the contracts, these could not be passed on to the end users despite price hikes taken twice during the year by Siemens in select segments, adds the brokerage.
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