Share price of Siemens falls as Sensex gains 320.46 points

Share price of Siemens Ltd. dropped 0.07 per cent to Rs 3548.6 at 12:24PM (IST) in Monday's trade. The scrip hit a high of Rs 3580.0 and low of Rs 3538.05 so far during the session. The stock had closed at Rs 3551.25 in the previous session.

The counter had a total traded volume of 12:24PM shares so far with a turnover of Rs 0.82 crore on BSE. The stock traded at a price-to-earnings multiple of 66.96 and a price-to-book ratio of 8.49.

A higher P/E 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 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.

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