Siemens shares up 0.32% as Nifty gains

economictimes.indiatimes.com:

Siemens Ltd. traded 0.32 per cent up in Monday's trade at 12:58PM (IST). Around 1,578 shares changed hands on the counter.
The counter opened at Rs 7099.65 and touched an intraday high and low of Rs 7099.65 and Rs 6990.15, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 7974.25 and a 52-week low of Rs 3248.0.

As per BSE, the total market cap of the Siemens Ltd. stood at Rs 250749.61 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 5360.3 crore for the quarter ended 30-Jun-2024, down 11.71 per cent from previous quarter's Rs 6070.9 crore and down 7.09 per cent from the year-ago quarter's Rs 5005.6 crore.
The net profit for latest quarter stood at Rs 577.7 crore, up 26.83 per cent from the corresponding quarter last year.
Shareholding pattern As of 30-Jun-2024, DIIs held 3.23 per cent stake in the company, while foreign institutional investors held 8.59 per cent and the promoters 0.0 per cent.

Valuation ratio According to BSE data, the stock traded at a P/E multiple of 102.06 and a price-to-book ratio of 9.99. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.