Share price of Siemens falls as Sensex drops 244.78 points

The share price of Siemens Ltd. dropped 0.13 per cent to Rs 3867.0 at 10:51AM (IST) in Wednesday's trade. The counter has hit a high of Rs 3917.65 and low of Rs 3843.1 so far during the session. The stock had closed at Rs 3871.95 in the previous session.

The counter has had a total traded volume of 5422 shares so far with a value of Rs 2.1 crore on the NSE. It traded at a price-to-earnings multiple of 72.82 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 67.44 per cent during the past one year, while the 30-share index advanced 16.84 per cent during the same period.

Siemens Ltd. belongs to the Capital Goods - Diversified industry.

Promotor/FII Holding
Promoters held 0.0 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 3.29 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 4974.4 crore for the quarter ended 31-Mar-2023, up 20.83 per cent from the previous quarter's Rs 4116.8 crore and up 23.7 per cent from the year-ago quarter's Rs 4021.5 crore.

Profit for the latest quarter stood at Rs 471.4 crore, up 38.65 per cent from the same quarter a year ago.