Share price of Siemens jumps as Sensex gains 153.29 points
Siemens Ltd. gained 0.35 per cent to Rs 3798.5 at 11:11AM (IST) in Monday's trade.
The counter hit a high of Rs 3820.95 and low of Rs 3780.0 so far during the session. The stock had closed at Rs 3784.95 in the previous session.
The counter had a total traded volume of 11:11AM shares so far with a turnover of Rs 5573.0 crore on BSE.
The stock traded at a price-to-earnings multiple of 66.2 and a price-to-book ratio of 8.49.
A higher P/E 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-2023, while foreign investors and domestic institutional investors ownership stood at 7.58 per cent and 7.92 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 5005.6 crore for the quarter ended 30-Jun-2023, up 0.63 per cent from the previous quarter's Rs 4974.4 crore and up 15.42 per cent from the year-ago quarter's Rs 4337.0 crore.
Its profit for the latest quarter stood at Rs 455.5 crore, up 51.48 per cent from the same quarter a year ago.
