Siemens share price down 1.24 per cent

economictimes.indiatimes.com:

Siemens Ltd. traded 1.24 per cent up at Rs 3843.2 at around 12:18PM (IST) on Wednesday. The stock had closed at Rs 3891.15 in the previous session.

Equity benchmark Sensex traded 649.7 points lower at 65809.61 around the same time. The scrip has climbed 40.55 per cent in the last one year till date, while the 30-share index has gained 14.31 per cent during the same period. The stock's 52-week high price stood at Rs 3940.0 and the 52-week low price at Rs 2575.0.

Trading volume on the counter stood at 5,242 shares, while it quoted a price-to-earnings ratio of 72.47, an EPS value of 52.99 and a price-to-book value of 8.49. In the Nifty50 pack, 4 stocks traded in the green, while 46 stocks were in the red.Promoter/FII Holding Promoters held 75.0 per cent stake in the company as of 30-Jun-2023, while overseas investor and mutual funds' ownership stood at 7.58 per cent and 3.28 per cent, respectively.Key Financials For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 4974.4 crore, up 20.83 per cent from the previous quarter's Rs 4116.8 crore and up 23.7 per cent from the year-ago quarter's Rs 4021.5 crore. The company reported net profit of Rs 471.4 crore for the latest quarter.Technical Indicators The MACD signalled a bullish bias on the counter.

The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.