Share price of Siemens falls as Sensex drops 127.7 points

The share price of Siemens Ltd. dropped 0.16 per cent to Rs 2412.1 at 12:09PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 2433.25 and low of Rs 2408.1 so far during the session. The stock had closed at Rs 2416.0 in the previous session.

The counter has had a total traded volume of 2589 shares so far with a value of Rs 0.63 crore on the NSE. It traded at a price-to-earnings multiple of 82.33 and a price-to-book ratio of 7.32.

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

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 31.77 per cent during the past one year, while the 30-share index advanced 12.55 per cent during the same period.

Siemens Ltd. belongs to the Capital Goods - Diversified industry.

Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 5.4 per cent and 2.72 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 3610.0 crore for the quarter ended 31-Dec-2021, down 17.17 per cent from the previous quarter's Rs 4358.3 crore and down 21.01 per cent from the year-ago quarter's Rs 2983.3 crore.

Profit for the latest quarter stood at Rs 250.7 crore, down 15.16 per cent from the same quarter a year ago.