Siemens Ltd. traded 0.25 per cent higher in Monday's session at 12:02PM (IST). The stock opened at Rs 4760.4 and has touched an intraday high and low of Rs 4823.4 and Rs 4756.0, respectively, during the session so far.
The stock quoted a 52-week high of Rs 4973.55 and a 52-week low of 3203.35. About 1,780 shares changed hands on the counter so far.
Benchmark Nifty50 was down 32.7 points at 21990.65, while the BSE Sensex traded 92.33 points lower at 72551.1 at the time of writing of this report.
In the Nifty pack, 21 stocks traded the day in the green, while 29 were in the red.
Key Financials For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 4989.3 crore, down 16.19 per cent from the previous quarter's Rs 5953.2 crore and down 21.19 per cent from the year-ago quarter. The company reported net profit of Rs 505.41 crore for the latest quarter.
Promoter Holdings Promoters held 75.0 per cent stake in the company as of 31-Dec-2023, while FIIs held 7.89 per cent and MFs 3.3 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 3877.45 on March 18, while the 50-DMA was at Rs 4379.14. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.