Siemens shares up 0.6% as Nifty gains

Siemens shares up 0.6% as Nifty gains
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

A total of 39,492 shares changed hands on the counter till 12:41PM (IST).

ETMarkets.com

INSIGHTS

Read Stock Insights by ET for a quick analysis

PEER COMPANIES

Explore Now
NEW DELHI: Shares of Ltd. traded 0.6 per cent up in Thursday's trade at 12:41PM (IST). Around 39,492 shares changed hands on the counter.

The counter opened at Rs 1795.25 and touched an intraday high and low of Rs 1817.0 and Rs 1781.35, 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.

Total market cap of the Siemens Ltd. stood at Rs 64562.82 crore at the time of writing this report.

Key Financials
The company reported consolidated net 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 same quarter a year ago.

Shareholding pattern
As of 31-Dec-2020, DIIs held 1.64 per cent stake in the firm, while foreign institutional investors held 4.22 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 80.75 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.

Read More News on

(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.

ETPrime stories of the day

Read before you invest. Insights on Siemens Ltd.. Explore Now