Siemens Stock Price: Siemens shares up 0.28% as Nifty gains

NEW DELHI: Shares of Ltd. traded 0.28 per cent up in Wednesday’s trade at 12:04PM (IST). Around 4,170 shares changed hands on the counter.

The counter opened at Rs 1812.0 and touched an intraday high and low of Rs 1812.0 and Rs 1782.45, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 2055.1 and a 52-week low of Rs 990.3.

As per BSE, the total market cap of the Siemens Ltd. stood at Rs 63676.08 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 2983.3 crore for the quarter ended 31-Dec-2020, down 17.34 per cent from previous quarter’s Rs 3609.3 crore and down 7.63 per cent from the year-ago quarter’s Rs 2771.9 crore.

The net profit for latest quarter stood at Rs 295.5 crore, up 11.17 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Dec-2020, domestic institutional investors held 1.64 per cent stake in the firm, while foreign institutional investors held 4.22 per cent and the promoters 0.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 79.64 and a price-to-book ratio of 4.74. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

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