Share price of Siemens falls as Nifty strengthens

Shares of Siemens Ltd. slipped 0.36 per cent to Rs 3533.5 in Thursday's trade as of 01:27PM (IST).

The stock hit a high price of Rs 3551.65 and low of Rs 3519.0 during the session.

The return on equity (ROE) for the stock stood at 13.28 per cent. Traded volume on the counter stood at 01:27PM shares and turnover at Rs 1.01 crore around that time.

The stock of Siemens Ltd. quoted a 52-week high and 52-week low prices of Rs 3940.0 and Rs 2253.45, 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-Mar-2023, while foreign investors held 7.01 per cent and domestic institutional investors had 8.46 per cent.

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

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