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    Siemens rises 0.02% as Sensex climbs

    Synopsis

    The stock traded at a P/E multiple of 65.74, while the price-to-book value ratio stood at 8.49.

    Brokers trade at computer terminals at stock brokerage firm in MumbaiReuters
    Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
    Shares of Siemens Ltd. traded at Rs 3229.5 on BSE at 01:27PM (IST) on Thursday, up 0.02 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 2150.75 and a high of Rs 3251.25.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 7,009 lakh shares changed hands on the counter till 01:27PM (IST).

    The stock of Siemens Ltd. commanded a market value of Rs 115418.57 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 65.74, while the price-to-book value ratio stood at 8.49. Return on equity (ROE) was at 13.28 per cent, according to exchange data.

    In the BSE500 pack, 353 stocks traded in the green, while 148 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 1.3.

    Promotor/FII Holding
    Promoters held 0.0 per cent in Siemens Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 6.74 per cent and 3.33 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 2752.42 on February 16, while the 50-DMA was at 2970.55. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
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