Share price of Siemens jumps as Sensex gains 292.48 points
Promoters held 75.0 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 7.89 per cent and 3.3 per cent, respectively.
The share price of gained 0.32 per cent to Rs 5685.2 at 11:57AM (IST) in Tuesday's trade. The counter has hit a high of Rs 5718.1 and low of Rs 5639.05 so far during the session. The stock had closed at Rs 5666.65 in the previous session.The counter has had a total traded volume of 1294 shares so far with a value of Rs 0.74 crore on the . It traded at a price-to-earnings multiple of 101.53 and a price-to-book ratio of 9.99.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 69.36 per cent during the past one year, while the 30-share index advanced 25.41 per cent during the same period.
belongs to the Capital Goods - Diversified industry.
Promotor/FII Holding
Promoters held 75.0 per cent stake in the company as of 31-Dec-2023, while FIIs and domestic institutional investors ownership stood at 7.89 per cent and 3.3 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 4989.3 crore for the quarter ended 31-Dec-2023, 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's Rs 4116.8 crore.
Profit for the latest quarter stood at Rs 505.41 crore, up 9.23 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
