Siemens share price: Share price of Siemens jumps as Sensex drops 331.1 points

The share price of Ltd. gained 2.41 per cent to Rs 1928.0 at 01:04PM (IST) in Tuesday’s trade. The counter has hit a high of Rs 1930.0 and low of Rs 1868.7 so far during the session. The stock had closed at Rs 1882.6 in the previous session.

The counter has had a total traded volume of 8840 shares so far with a value of Rs 1.68 crore on the NSE. It traded at a price-to-earnings multiple of 85.61 and a price-to-book ratio of 4.74.

A higher price-to-earnings ratio shows 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 87.42 per cent during the past one year, while the 30-share index advanced 45.83 per cent during the same period.

Siemens Ltd. belongs to the Capital Goods – Diversified industry.

Promotor/FII Holding

Promoters held 0.0 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 4.37 per cent and 1.64 per cent, respectively.

Key Financials

The firm reported consolidated sales of Rs 2983.3 crore for the quarter ended 31-Dec-2020, down 17.34 per cent from the previous quarter’s Rs 3609.3 crore and down 7.63 per cent from the year-ago quarter’s Rs 2771.9 crore.

Profit for the latest quarter stood at Rs 295.5 crore, up 11.17 per cent from the same quarter a year ago.