Share price of Siemens falls as Nifty strengthens

Shares of Ltd. slipped 0.29 per cent to Rs 1878.55 in Tuesday's trade as of 11:59AM (IST).

The stock hit a high price of Rs 1909.75 and low of Rs 1873.0 during the session.

The return on equity (ROE) for the stock stood at 8.09 per cent. Traded volume on the counter stood at 11:59AM shares and turnover at Rs 0.88 crore around that time.

The stock of Siemens Ltd. quoted a 52-week high and 52-week low prices of Rs 2055.1 and Rs 990.3, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.3.

Promotor/FII Holding
Promoters held 75.0 per cent stake in the company as of 31-Mar-2021, while overseas investors held 4.37 per cent and domestic institutional investors had 10.59 per cent.

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.

Net profit after tax for the latest quarter stood at Rs 295.5 crore, up 11.17 per cent from the same quarter a year ago.