Siemens Stock Price: Siemens stock price up 3.08 per cent as Sensex slides

Shares of Ltd. rose 3.08 per cent to Rs 1897.8 at 10:00AM 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 13,737 shares with a turnover of Rs 2.59 crore till 10:00AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 82.01, while the price-to-book value ratio stood at 4.74.

Return on equity (ROE) was at 8.09 per cent, according to exchange data. The stock hit an intraday high of Rs 1911.95 and a low of Rs 1855.2 during the session and quoted a 52-week high price of Rs 2055.1 and a 52-week low of Rs 990.3.

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 1451.54 on April 09, while the 50-DMA was at Rs 1835.62. 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 57.49. 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 31-Dec-2020, promoters held 75.0 per cent stake in the company, while overseas investors held 4.22 per cent and domestic institutional investors had 10.57 per cent.

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