|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
MUMBAI, Sept 12 (Reuters) - Shares in the Indian unit of Siemens fell as much as 3.7 percent on Wednesday after the German engineering conglomerate is looking to sell a 1.2 percent stake in a deal that could raise up to $50 million.
Nearly 4 million shares of Siemens India unit, in which the parent has a 75 percent stake, are being sold to investors in the price band of 649.15 rupees to 698 rupees a share, according to the term sheet seen by Reuters on Tuesday.
As of 0350 GMT, the Indian unit of Siemens was down 3 percent at 677.25 rupees. (Reporting by Abhishek Vishnoi and Manoj Dharra; Editing by Rafael Nam)