Siemens shares gain 1.46% as Sensex rises
Siemens Ltd. traded 1.46 per cent higher in Thursday's session at 10:51AM (IST).
The stock opened at Rs 3700.15 and has touched an intraday high and low of Rs 3790.0 and Rs 3700.15, respectively, during the session so far.
The stock quoted a 52-week high of Rs 4066.1 and a 52-week low of 2670.35. About 3,094 shares changed hands on the counter so far.
Benchmark Nifty50 was up 85.8 points at 19529.8, while the BSE Sensex traded 285.87 points higher at 65719.17 at the time of writing of this report.
In the Nifty pack, 42 stocks traded the day in the green, while 8 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 5005.6 crore, 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.
The company reported net profit of Rs 455.5 crore for the latest quarter.
Promoter Holdings Promoters held 75.0 per cent stake in the company as of 30-Jun-2023, while FIIs held 7.58 per cent and MFs 3.28 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 3321.79 on August 24, while the 50-DMA was at Rs 3729.97. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
