Share price of Siemens Ltd. falls as Sensex drops 683.03 points

Share price of Siemens Ltd. dropped 0.11 per cent to Rs 1043.0 at 01:53PM (IST) in Thursday's trade. The stock hit a high of Rs 1078.65 and low of Rs 991.85 so far during the session. The stock had closed at Rs 1044.1 in the previous session.

The counter had a total traded volume of 54,455 shares so far with a turnover of Rs 5.61 crore on BSE. The stock traded at a price-to-earnings multiple of 34.96 and a price-to-book ratio of 3.96.

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 0.0 per cent stake in the company as of 31-Mar-2020, while overseas investors and domestic institutional investors ownership stood at 4.21 per cent and 3.68 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 2756.9 crore for the quarter ended 31-Mar-2020, up 4.9 per cent from the previous quarter's Rs 2628.0 crore and up 21.0 per cent from the year-ago quarter's Rs 3489.8 crore.

Its profit for the latest quarter stood at Rs 175.7 crore, down 38.18 per cent from the same quarter a year ago.