Share price of Siemens jumps as Sensex gains 482.24 points
A total of 3,503 shares changed hands on the counter till 10:30AM (IST)
Share price of gained 2.03 per cent to Rs 5484.5 at 10:30AM (IST) in Monday's trade. The counter hit a high of Rs 5519.6 and low of Rs 5366.9 so far during the session. The stock had closed at Rs 5375.35 in the previous session.The counter had a total traded volume of 10:30AM shares so far with a turnover of Rs 1.91 crore on . The stock traded at a price-to-earnings multiple of 97.57 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 is the measure of the price that investors are ready to pay even for no growth in the business.
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 foreign investors and domestic institutional investors ownership stood at 7.89 per cent and 7.69 per cent, respectively.
Key Financials
The firm reported consolidated net 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.
Its 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
