Siemens Share Price: Siemens shares up 5.18% as Nifty gains

Estimated read time 6 min read
Shares of Siemens Ltd. rose 5.18 per cent to Rs 7325.0 in Monday’s trade. It hit an intraday high of Rs 7339.65 and low of Rs 7149.4, respectively, during the day.

The stock quoted a 52-week high price of Rs 7388.05 and low of Rs 3248.0.

As of 10:30AM (IST), the counter saw total traded volume of 4,561 shares with a traded value of Rs 3.3 crore, according to NSE.

The stock had closed at Rs 6964.15 in the previous session.

The scrip has advanced 23.87 per cent in the past one month till date, while the benchmark BSE Sensex has gained 2.02 per cent during the same period. According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 110.59 while price-to-book ratio stood at 9.99. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business. The stock belongs to the Capital Goods – Diversified industry. Promoter/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and MF ownership in the firm stood at 8.3 per cent and 3.03 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 6070.9 crore for the quarter ended 31-Mar-2024, up 21.68 per cent from the previous quarter’s Rs 4989.3 crore and up 22.04 per cent from the year-ago quarter’s Rs 4974.4 crore. Its net profit for the latest quarter stood at Rs 802.5 crore, up 70.24 per cent from the same quarter a year ago.

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