Siemens shares up 0.77% as Nifty gains
A total of 19,261 shares changed hands on the counter till 12:59PM (IST).
NEW DELHI: Shares of traded 0.77 per cent up in Thursday's trade at 12:59PM (IST). Around 19,261 shares changed hands on the counter.The stock opened at Rs 7826.35 and touched an intraday high and low of Rs 7857.45 and Rs 7743.5, respectively, in the session so far. The stock of quoted a 52-week high of Rs 7929.45 and a 52-week low of Rs 3248.0.
As per , the total market cap of the . stood at Rs 278890.24 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 6070.9 crore for the quarter ended 31-Mar-2024, up 21.68 per cent from previous quarter's Rs 4989.3 crore and up 22.04 per cent from the year-ago quarter's Rs 4974.4 crore.
The net profit for latest quarter stood at Rs 802.5 crore, up 70.24 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 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 119.45 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
