Siemens share price: Siemens shares up 2.53% as Nifty drops

NEW DELHI: Shares of Ltd. traded 2.53 per cent up in Wednesday’s trade at 10:26AM (IST). Around 51,439 shares changed hands on the counter.

The stock opened at Rs 1991.0 and touched an intraday high and low of Rs 2114.1 and Rs 1973.15, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 2176.75 and a 52-week low of Rs 1127.0.

As per BSE, the total market cap of the Siemens Ltd. stood at Rs 73969.74 crore at the time of writing this report.


Key Financials

The company reported consolidated net 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 30-Jun-2021, DIIs held 1.86 per cent stake in the firm, while foreign institutional investors held 4.6 per cent and the promoters 0.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 77.2 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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