Siemens shares down 1.32% as Sensex rises
A total of 5,375 shares changed hands on the counter till 12:47PM (IST)
Shares of fell 1.32 per cent to Rs 7276.0 in Friday's session as of 12:47PM (IST) even as the equity benchmark traded 28.79 points higher at 75446.83.Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 7388.05 and a 52-week low of Rs 3248.0 on . Around 5375 shares changed hands on the counter till 12:47PM (IST).
The stock opened at Rs 7352.45 and has touched an intraday high and low of Rs 7352.45 and Rs 7273.5 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 112.15, earnings per share (EPS) of Rs 65.56 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 24, 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 261835.64 crore, the company operates in the Capital Goods - Diversified industry. 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 same quarter a year ago. The company reported net profit of Rs 802.5 crore for the latest quarter, up 70.24 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 75.54. 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
