Siemens shares down 0.71% as Nifty gains

Siemens shares down 0.71% as Nifty gains
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 4,013 shares changed hands on the counter till 01:38PM (IST).

Getty Images
Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
NEW DELHI: Shares of Siemens Ltd. traded 0.71 per cent down in Tuesday's trade at 01:38PM (IST). Around 4,013 shares changed hands on the counter.

The counter opened at Rs 2430.15 and touched an intraday high and low of Rs 2478.75 and Rs 2416.35, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 2577.45 and a 52-week low of Rs 1760.05.

Total market cap of the Siemens Ltd. stood at Rs 86441.07 crore at the time of writing this report.

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

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

Shareholding pattern
As of 31-Dec-2021, domestic institutional investors held 2.72 per cent stake in the company, while foreign institutional investors held 5.4 per cent and the promoters 75.0 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 82.67 and a price-to-book ratio of 7.32. 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.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

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.

...more
Pick the best stocks for yourself
Powered by