Siemens share price: Siemens shares up 0.7% as Nifty drops

NEW DELHI: Shares of Ltd. traded 0.7 per cent up in Tuesday’s trade at 11:02AM (IST). Around 17,969 shares changed hands on the counter.

The stock opened at Rs 2111.0 and touched an intraday high and low of Rs 2149.95 and Rs 2111.0, respectively, in the session so far. The stock of Siemens Ltd. quoted a 52-week high of Rs 2176.75 and a 52-week low of Rs 1020.0.

Total market cap of the Siemens Ltd. stood at Rs 75542.01 crore at the time of writing this report.


Key Financials

The company reported consolidated sales of Rs 3540.0 crore for the quarter ended 31-Mar-2021, up 18.66 per cent from previous quarter’s Rs 2983.3 crore and up 21.24 per cent from the year-ago quarter’s Rs 2919.9 crore.

The net profit for latest quarter stood at Rs 334.4 crore, up 90.32 per cent from the same quarter a year ago.

Shareholding pattern

As of 31-Mar-2021, DIIs held 1.64 per cent stake in the firm, while foreign institutional investors held 4.37 per cent and the promoters 75.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 78.84 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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