Share price of Siemens jumps as Sensex gains 740.12 points

Share price of Siemens Ltd. gained 1.1 per cent to Rs 3674.7 at 01:18PM (IST) in Monday's trade. The scrip hit a high of Rs 3724.9 and low of Rs 3619.1 so far during the session. The stock had closed at Rs 3634.75 in the previous session.

The counter had a total traded volume of 01:18PM shares so far with a turnover of Rs 2.34 crore on BSE. The stock traded at a price-to-earnings multiple of 74.48 and a price-to-book ratio of 8.49.

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 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.

Promotor/FII Holding
Promoters held 75.0 per cent stake in the company as of 31-Mar-2023, while FIIs and domestic institutional investors ownership stood at 7.01 per cent and 8.46 per cent, respectively.

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 the previous quarter's Rs 4759.9 crore and down 14.04 per cent from the year-ago quarter's Rs 3610.0 crore.

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