Share price of Siemens jumps as Sensex drops 394.26 points

economictimes.indiatimes.com:

Siemens Ltd. gained 1.23 per cent to Rs 6967.75 at 10:05AM (IST) in Monday's trade. The counter hit a high of Rs 7045.0 and low of Rs 6760.65 so far during the session. The stock had closed at Rs 6882.85 in the previous session.
The counter had a total traded volume of 10:05AM shares so far with a turnover of Rs 8.52 crore on BSE. The stock traded at a price-to-earnings multiple of 98.56 and a price-to-book ratio of 9.99.

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 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.
Promotor/FII Holding Promoters held 75.0 per cent stake in the company as of 30-Jun-2024, while overseas investors and domestic institutional investors ownership stood at 8.59 per cent and 6.99 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 5360.3 crore for the quarter ended 30-Jun-2024, down 11.71 per cent from the previous quarter's Rs 6070.9 crore and down 7.09 per cent from the year-ago quarter's Rs 5005.6 crore.
Its profit for the latest quarter stood at Rs 577.7 crore, up 26.83 per cent from the same quarter a year ago.