The stock opened at Rs 3774.7 and touched an intraday high and low of Rs 3825.0 and Rs 3774.7, respectively, in the session so far. The stock of Siemens Ltd. quoted a 52-week high of Rs 4066.1 and a 52-week low of Rs 2575.0.
The company reported consolidated sales of Rs 4974.4 crore for the quarter ended 31-Mar-2023, up 20.83 per cent from previous quarter’s Rs 4116.8 crore and up 23.7 per cent from the year-ago quarter’s Rs 4021.5 crore.
The net profit for latest quarter stood at Rs 471.4 crore, up 38.65 per cent from the corresponding quarter last year.
As of 30-Jun-2023, domestic institutional investors held 3.28 per cent stake in the firm, while foreign institutional investors held 7.59 per cent and the promoters 0.0 per cent.
According to BSE data, the stock traded at a P/E multiple of 72.85 and a price-to-book ratio of 8.49. 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.