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    Share price of Siemens jumps as Sensex gains 297.28 points

    Synopsis

    A total of 32,025 shares changed hands on the counter till 10:56AM (IST)

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    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    Share price of Ltd. gained 1.31 per cent to Rs 2028.45 at 10:56AM (IST) in Monday's trade. The stock hit a high of Rs 2034.25 and low of Rs 2010.0 so far during the session. The stock had closed at Rs 2002.25 in the previous session.

    The counter had a total traded volume of 10:56AM shares so far with a turnover of Rs 6.49 crore on BSE. The stock traded at a price-to-earnings multiple of 75.41 and a price-to-book ratio of 4.74.

    A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

    Did you Know?

    Stock score of Siemens Ltd moved down by 1 in 3 months on a 10-point scale.

    View Latest Stock Report »

    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 75.0 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 4.37 per cent and 10.59 per cent, respectively.

    Key Financials
    The company reported consolidated net sales of Rs 3540.0 crore for the quarter ended 31-Mar-2021, up 18.66 per cent from the previous quarter's Rs 2983.3 crore and up 21.24 per cent from the year-ago quarter's Rs 2919.9 crore.

    Its profit for the latest quarter stood at Rs 334.4 crore, up 90.32 per cent from the same quarter a year ago.
    (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.)

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