Siemens shares drop 2.18% as Sensex falls
The stock quoted a 52-week high of Rs 7964.0 and a 52-week low of Rs 3248.0.
Shares of traded 2.18 per cent lower in Monday's session at 01:14PM (IST). The stock opened at Rs 7910.0 and has touched an intraday high and low of Rs 7929.0 and Rs 7683.1, respectively, during the session so far.The stock quoted a 52-week high of Rs 7964.0 and a 52-week low of 3248.0. About 7,477 shares changed hands on the counter so far.
Benchmark Nifty50 was down 25.85 points at 24298.0, while the BSE traded 72.85 points lower at 79923.75 at the time of writing of this report.
In the pack, 20 stocks traded the day in the green, while 30 were in the red.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 6070.9 crore, up 21.68 per cent from the previous quarter's Rs 4989.3 crore and up 22.04 per cent from the year-ago quarter. The company reported net profit of Rs 802.5 crore for the latest quarter.
Promoter Holdings
Promoters held 75.0 per cent stake in the company as of 31-Mar-2024, while FIIs held 8.3 per cent and MFs 3.03 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 4900.32 on July 08, while the 50-DMA was at Rs 7028.5. 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
