Siemens Share Price: Siemens stock price up 0.61 per cent as Sensex slides

Shares of Ltd. rose 0.61 per cent to Rs 2165.1 at 10:20AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 6,116 shares with a turnover of Rs 1.32 crore till 10:20AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 70.63, while the price-to-book value ratio stood at 7.32.

Return on equity (ROE) was at 10.53 per cent, according to exchange data. The stock hit an intraday high of Rs 2179.95 and a low of Rs 2143.75 during the session and quoted a 52-week high price of Rs 2438.5 and a 52-week low of Rs 1357.55.



The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.3.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 2045.0 on November 26, while the 50-DMA was at Rs 2233.3. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 37.61. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2021, promoters held 75.0 per cent stake in the company, while FIIs held 5.21 per cent and domestic institutional investors had 9.92 per cent.

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