Siemens shares gain 1.44% as Sensex rises

Siemens shares gain 1.44% as Sensex rises
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A total of 6,547 shares changed hands on the counter till 11:52AM (IST)

Reuters
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Shares of Siemens Ltd. traded 1.44 per cent up at Rs 2361.3 at 11:52AM (IST) on Tuesday, even as BSE benchmark Sensex gained 648.51 points to 57054.35. The stock had settled at Rs 2327.7 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2577.45 and Rs 1718.0, respectively.

As per BSE data, total traded volume on the counter till 11:52AM (IST) stood at 11:52AM shares with turnover at Rs 1.53 crore.

At the prevailing price, shares of the company trades at 80.47 times its trailing 12-month EPS of Rs 29.36 per share and 7.32 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

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

Shareholding Details
Promoters held 75.0 per cent stake in the company as of 31-Dec-2021, while FIIs owned 5.4 per cent and DIIs 9.67 per cent.

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