Siemens Share Price: Share price of Siemens jumps as Sensex drops 175.11 points

Share price of . gained 0.01 per cent to Rs 2373.65 at 11:42AM (IST) in Tuesday’s trade. The stock hit a high of Rs 2384.75 and low of Rs 2347.2 so far during the session. The stock had closed at Rs 2373.35 in the previous session.

The counter had a total traded volume of 11:42AM shares so far with a turnover of Rs 0.6 crore on BSE. The stock traded at a price-to-earnings multiple of 80.49 and a price-to-book ratio of 7.32.

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.

Siemens Ltd. belongs to the Capital Goods – Diversified industry.

Promotor/FII Holding

Promoters held 75.0 per cent stake in the company as of 31-Mar-2022, while FIIs and domestic institutional investors ownership stood at 5.51 per cent and 9.48 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 4021.5 crore for the quarter ended 31-Mar-2022, up 11.4 per cent from the previous quarter’s Rs 3610.0 crore and up 13.6 per cent from the year-ago quarter’s Rs 3540.0 crore.

Its profit for the latest quarter stood at Rs 340.0 crore, up 1.67 per cent from the same quarter a year ago.