Siemens Share Price: Siemens shares up 0.6% as Nifty gains

NEW DELHI: Shares of Siemens Ltd. traded 0.6 per cent up in Wednesday’s trade at 10:45AM (IST). Around 1,807 shares changed hands on the counter.

The scrip opened at Rs 2452.0 and touched an intraday high and low of Rs 2486.85 and Rs 2445.6, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 2577.45 and a 52-week low of Rs 1722.35.

Total market cap of the Siemens Ltd. stood at Rs 88373.02 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 3610.0 crore for the quarter ended 31-Dec-2021, down 17.17 per cent from previous quarter’s Rs 4358.3 crore and down 21.01 per cent from the year-ago quarter’s Rs 2983.3 crore.

The net profit for latest quarter stood at Rs 250.7 crore, down 15.16 per cent from the same quarter a year ago.

Shareholding pattern

As of 31-Dec-2021, domestic institutional investors held 2.72 per cent stake in the firm, while foreign institutional investors held 5.4 per cent and the promoters 75.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 84.52 and a price-to-book ratio of 7.32. 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.

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

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