Siemens shares down 0.13% as Nifty drops

Sensex  falls! But these  stocks gained over 10% on BSE

NEW DELHI: Shares of . traded 0.13 per cent down in Wednesday’s trade at 12:53PM (IST). Around 7,798 shares changed hands on the counter.

The stock opened at Rs 2965.95 and touched an intraday high and low of Rs 2985.3 and Rs 2920.0, respectively, in the session so far. The stock of Siemens Ltd. quoted a 52-week high of Rs 2985.3 and a 52-week low of Rs 2023.15.

As per BSE, the total market cap of the Siemens Ltd. stood at Rs 104877.42 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 4337.0 crore for the quarter ended 30-Jun-2022, up 7.85 per cent from previous quarter’s Rs 4021.5 crore and up 45.33 per cent from the year-ago quarter’s Rs 2984.2 crore.

The net profit for latest quarter stood at Rs 300.7 crore, up 116.49 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Jun-2022, domestic institutional investors held 2.81 per cent stake in the firm, while foreign institutional investors held 5.42 per cent and the promoters 0.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 86.46 and a price-to-book ratio of 7.32. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Siemens Ltd. belongs to the Capital Goods – Diversified industry.

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