The Economic Times
English EditionEnglish Editionहिंदी संस्करण
| E-Paper
Search
+

    Siemens shares up 0.28% as Nifty gains

    Synopsis

    A total of 4,170 shares changed hands on the counter till 12:04PM (IST).

    ETMarkets.com

    INSIGHTS

    Read Stock Insights by ET for a quick analysis

    PEER COMPANIES

    Explore Now
    NEW DELHI: Shares of Ltd. traded 0.28 per cent up in Wednesday's trade at 12:04PM (IST). Around 4,170 shares changed hands on the counter.

    The counter opened at Rs 1812.0 and touched an intraday high and low of Rs 1812.0 and Rs 1782.45, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 2055.1 and a 52-week low of Rs 990.3.

    As per BSE, the total market cap of the Siemens Ltd. stood at Rs 63676.08 crore at the time of writing this report.

    Key Financials
    The company reported consolidated sales of Rs 2983.3 crore for the quarter ended 31-Dec-2020, down 17.34 per cent from previous quarter's Rs 3609.3 crore and down 7.63 per cent from the year-ago quarter's Rs 2771.9 crore.

    The net profit for latest quarter stood at Rs 295.5 crore, up 11.17 per cent from the corresponding quarter last year.

    Shareholding pattern
    As of 31-Dec-2020, domestic institutional investors held 1.64 per cent stake in the firm, while foreign institutional investors held 4.22 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 79.64 and a price-to-book ratio of 4.74. 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.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Read before you invest. Insights on Siemens Ltd.. Explore Now
    The Economic Times

    Stories you might be interested in