Siemens shares drop 0.01% as Sensex rises
The stock quoted a 52-week high of Rs 5772.6 and a 52-week low of Rs 3240.0.
Shares of traded 0.01 per cent lower in Wednesday's session at 11:51AM (IST). The stock opened at Rs 5627.3 and has touched an intraday high and low of Rs 5627.3 and Rs 5589.0, respectively, during the session so far.The stock quoted a 52-week high of Rs 5772.6 and a 52-week low of 3240.0. About 1,268 shares changed hands on the counter so far.
Benchmark Nifty50 was up 36.46 points at 22679.2, while the BSE traded 127.08 points higher at 74810.78 at the time of writing of this report.
In the pack, 25 stocks traded the day in the green, while 25 were in the red.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 4989.3 crore, down 16.19 per cent from the previous quarter's Rs 5953.2 crore and down 21.19 per cent from the year-ago quarter. The company reported net profit of Rs 505.41 crore for the latest quarter.
Promoter Holdings
Promoters held 75.0 per cent stake in the company as of 31-Dec-2023, while FIIs held 7.89 per cent and MFs 3.3 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 4000.43 on April 10, while the 50-DMA was at Rs 4734.57. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
