Share price of Siemens  falls  as Sensex  drops  11.12 points

A total of 3,492 shares changed hands on the counter till 01:33PM (IST)

Share price of dropped 0.65 per cent to Rs 5587.7 at 01:33PM (IST) in Friday's trade. The stock hit a high of Rs 5655.6 and low of Rs 5539.7 so far during the session. The stock had closed at Rs 5624.8 in the previous session.

The counter had a total traded volume of 01:33PM shares so far with a turnover of Rs 1.95 crore on . The stock traded at a price-to-earnings multiple of 99.18 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 FIIs and domestic institutional investors ownership stood at 7.89 per cent and 7.68 per cent, respectively.

Key Financials
The firm reported consolidated 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

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