NEW DELHI: Shares of Siemens traded 0.96 per cent up in Wednesday's trade at 10:10AM (IST). Around 4,204 shares changed hands on the counter.

The counter opened at Rs 1023.0 and touched an intraday high and low of Rs 1039.0 and Rs 1014.4, respectively, in the session so far. The stock of Siemens Ltd. quoted a 52-week high of Rs 1716.55 and a 52-week low of Rs 947.0.

Total market cap of the Siemens Ltd. stood at Rs 36918.99 crore at the time of writing this report.

German conglomerate Siemens Aktiengesellschaft sold shares worth over Rs 8,500 crore in its listed Indian subsidiary Siemens, amounting to about 24 per cent stake, to another group firm Siemens Gas and Power Holding BV.

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

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

Shareholding pattern
As of 31-Mar-2020, DIIs held 3.68 per cent stake in the company, while foreign institutional investors held 4.21 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 36.0 and a price-to-book ratio of 4.08. 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.