Shares of Siemens Ltd. falls as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 1250.98.

Getty Images
Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.
Shares of Siemens Ltd. slipped 0.8 per cent to Rs 1245.0 in Friday's trade as of 12:10PM (IST). It hit a high of Rs 1266.15 and low of Rs 1239.0 during the session.

The stock quoted a 52-week high price of Rs 1716.55 and a low of Rs 947.0. The return on equity for the stock stood at 12.14 per cent. About 7,963 shares have changed hands on the counter so far.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.3.


The scrip has been an underperformer, up 0.21 per cent in the past one year in comparison with a 5.14 per cent gain in Sensex.

Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 947.0 on September 18, while the 50-DMA was at Rs 1188.22. If a stock trades well 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 a bearish trend and if trades between these averages, then it suggests the stock can go either way.

ADVERTISEMENT
Promoter/FII Holding
Promoters held 0.0 per cent stake in Siemens Ltd. as of 30-Jun-2020. Mutual funds and foreign institutional investors held 2.95 per cent and 4.16 per cent stake.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Text Size:AAA
Success
This article has been saved

*

+