Share price of Siemens rises as Nifty strengthens

Shares of Siemens Ltd. gained 1.16 per cent to Rs 3199.0 in Monday's trade as of 11:43AM (IST).

The stock hit a high price of Rs 3209.0 and low of Rs 3162.5 during the session.

The return on equity (ROE) for the stock stood at 13.28 per cent. Traded volume on the counter stood at 11:43AM shares and turnover at Rs 0.99 crore around that time.

The stock of Siemens Ltd. quoted a 52-week high and 52-week low prices of Rs 3311.5 and Rs 2150.75, respectively.

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

Promotor/FII Holding
Promoters held 75.0 per cent stake in the company as of 31-Dec-2022, while foreign investors held 6.74 per cent and domestic institutional investors had 8.72 per cent.

Key Financials
The company reported consolidated sales of Rs 4116.8 crore for the quarter ended 31-Dec-2022, down 13.51 per cent from previous quarter's Rs 4759.9 crore and down 14.04 per cent from the year-ago quarter's Rs 3610.0 crore.

Net profit after tax for the latest quarter stood at Rs 462.7 crore, up 84.56 per cent from the same quarter a year ago.