Siemens shares up 0.98% as Sensex rises
A total of 3,964 shares changed hands on the counter till 11:57AM (IST)
Shares of gained 0.98 per cent to Rs 5897.05 in Thursday's session as of 11:57AM (IST) even as the equity benchmark traded 245.92 points higher at 74728.7.Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 5977.7 and a 52-week low of Rs 3248.0 on . Around 3964 shares changed hands on the counter till 11:57AM (IST).
The stock opened at Rs 5854.6 and has touched an intraday high and low of Rs 5977.7 and Rs 5840.0 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 101.85, earnings per share (EPS) of Rs 56.26 and price to book value (PB) of 9.99, while the return on equity (ROE) stood at Rs 14.98.
Promoter/ FII Holding
The promoters held 75.0 per cent stake in the company as of May 02, while FII and MF ownerships stood at 8.3 per cent and 3.03 per cent, respectively.
Key Financials
With a market capitalisation of Rs 207951.08 crore, the company operates in the Capital Goods - Diversified industry. For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 4989.3 crore, down 16.19 per cent from the previous quarter?s Rs 5953.2 crore and down 21.19 per cent from the same quarter a year ago. The company reported net profit of Rs 505.41 crore for the latest quarter, up 9.23 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 74.98. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Source: Stocks-Markets-Economic Times
