Siemens Ltd. shares drop 0.05% as Sensex falls

A total of 39,769 shares changed hands on the counter till 11:28AM (IST)

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In effect, financial markets are betting that there is some reasonable approximation of normal on some foreseeable horizon.
Shares of Siemens Ltd. traded 0.05 per cent down at Rs 1223.75 at 11:28AM (IST) on Thursday, even as BSE benchmark Sensex dropped 302.93 points to 38311.86. The scrip had closed at Rs 1224.4 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1716.55 and Rs 947.0, respectively.

As per BSE data, total traded volume on the counter till 11:28AM (IST) stood at 11:28AM shares with turnover at Rs 4.87 crore.

At the current price, shares of the company trades at 56.41 times its trailing 12-month earnings per share of Rs 21.72 per share and 4.82 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.3.

Shareholding Details
Promoters held 0.0 per cent stake in the company as of 30-Jun-2020, while FIIs owned 4.16 per cent and DIIs 2.95 per cent.




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