Siemens, a leading technology enabled solutions provider, witnessed a rise in share price on Monday after it announced that it has won three orders worth approximately Rs 4.50 billion from Varanasi-based Diesel Locomotive Works of Indian Railways for locomotive equipment.

Siemens will supply and supervise the installation and commissioning of three-phase propulsion systems for diesel electric locomotives - AC-AC traction systems (including locomotive controller) and three-phase traction motors.

Shares of the company are trading at Rs 1,125.60, up Rs 19.95, or 1.80% at the Bombay Stock Exchange (BSE) on Monday at 11:48 a.m.

The scrip has touched an intra-day high of Rs 1,136 and low of Rs 1,081.60. The total volume of shares traded at the BSE is 27,509.