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Siemens up after $26 million contract
Credit Suisse has upgraded Maruti Suzuki, India's largest automaker, to outperform from underperform.
06 Mar 2012, 11:52 AM IST 
Ford at the Delhi Auto Expo in January, 2012
Shares of Siemens Ltd, the Indian unit of Siemens AG, were trading higher on Tuesday, a day after the company said it received an order worth Rs 130 cr. The contract was to modernize the electricity distribution system in the western Indian state of Maharashtra.
At 10:05 a.m., the company's shares were up 2.6 per cent at Rs 786.40. At 11.31, they are up trading at Rs 790, up 1.39 per cent over the previous day’s close on the Bombay Stock Exchange.
Copyright @ Thomson Reuters 2012