Share price of Siemens falls as Sensex drops 672.01 points

Share price of Siemens Ltd. dropped 1.93 per cent to Rs 6719.0 at 11:57AM (IST) in Friday’s trade. The scrip hit a high of Rs 6890.1 and low of Rs 6656.0 so far during the session. The stock had closed at Rs 6851.75 in the previous session.

The counter had a total traded volume of 11:57AM shares so far with a turnover of Rs 3.08 crore on BSE. The stock traded at a price-to-earnings multiple of 97.4 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.

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

Promotor/FII Holding
Promoters held 75.0 per cent stake in the company as of 30-Sep-2024, while FIIs and domestic institutional investors ownership stood at 8.69 per cent and 6.83 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 5360.3 crore for the quarter ended 30-Jun-2024, down 11.71 per cent from the previous quarter’s Rs 6070.9 crore and down 7.09 per cent from the year-ago quarter’s Rs 5005.6 crore.

Its profit for the latest quarter stood at Rs 577.7 crore, up 26.83 per cent from the same quarter a year ago.

Source link

Share price of Siemens falls as Sensex drops 672.01 points

LEAVE A REPLY Cancel reply

About Us

Latest

Popular

Sitemap