Time period given by analyst is Intra Day when Siemens Ltd. price can reach defined target.
Siemens Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 80816.15 Crore) operating in Engineering sector.
Siemens Ltd. key Products/Revenue Segments include Engineering Goods, Income from Project Development, Sale of services, Other Operating Revenue, Export Incentives, Rental Income and Commission for the year ending 30-Sep-2020.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2984.20 Crore, down -15.70 % from last quarter Total Income of Rs 3540.00 Crore and up 110.47 % from last year same quarter Total Income of Rs 1417.90 Crore. Company reported net profit after tax of Rs 138.90 Crore in latest quarter.
Investment Rationale
With a sustained move above important averages, bulls have regained momentum on the upside. A positive follow-up action could unlock further upside potential.
Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 30-Jun-2021, while FIIs owned 4.6 per cent, DIIs 10.34 per cent.
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