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    Share price of Siemens falls as Nifty strengthens

    Synopsis

    A total of 6,278 shares changed hands on the counter till 01:48PM (IST).

    Stock-market-4---istockAgencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
    Shares of Siemens Ltd. slipped 0.34 per cent to Rs 3320.15 in Friday's trade as of 01:48PM (IST).

    The stock hit a high price of Rs 3347.1 and low of Rs 3316.35 during the session.

    The return on equity (ROE) for the stock stood at 13.28 per cent. Traded volume on the counter stood at 01:48PM shares and turnover at Rs 2.09 crore around that time.

    The stock of Siemens Ltd. quoted a 52-week high and 52-week low prices of Rs 3367.0 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.
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