Siemens shares up 0.21% as Nifty gains
A total of 2,389 shares changed hands on the counter till 12:02PM (IST).
NEW DELHI: Shares of traded 0.21 per cent up in Monday's trade at 12:02PM (IST). Around 2,389 shares changed hands on the counter.The stock opened at Rs 5794.4 and touched an intraday high and low of Rs 5828.1 and Rs 5749.3, respectively, in the session so far. The stock of quoted a 52-week high of Rs 5834.0 and a 52-week low of Rs 3248.0.
Total market cap of the . stood at Rs 204674.77 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 4989.3 crore for the quarter ended 31-Dec-2023, down 16.19 per cent from previous quarter's Rs 5953.2 crore and down 21.19 per cent from the year-ago quarter's Rs 4116.8 crore.
The net profit for latest quarter stood at Rs 505.41 crore, up 9.23 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, DIIs held 3.03 per cent stake in the firm, while foreign institutional investors held 8.3 per cent and the promoters 75.0 per cent.
Valuation ratio
According to data, the stock traded at a price-to-earnings multiple of 101.85 and a price-to-book ratio of 9.99. 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.
. belongs to the Capital Goods - Diversified industry.
Source: Stocks-Markets-Economic Times
