Siemens shares up 1.26% as Nifty gains
A total of 4,824 shares changed hands on the counter till 02:09PM (IST).
NEW DELHI: Shares of traded 1.26 per cent up in Friday's trade at 02:09PM (IST). Around 4,824 shares changed hands on the counter.The scrip opened at Rs 6844.15 and touched an intraday high and low of Rs 6892.4 and Rs 6707.25, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 7388.05 and a 52-week low of Rs 3248.0.
As per , the total market cap of the . stood at Rs 243734.04 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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 company, 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 price-to-earnings multiple of 104.4 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
