Share price of Siemens falls as Nifty strengthens

A total of 3,250 shares changed hands on the counter till 12:33PM (IST).

ETMarkets.com

Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.

Shares of Siemens Ltd. slipped 0.22 per cent to Rs 3831.55 in Wednesday's trade as of 12:33PM (IST).

The stock hit a high price of Rs 3853.75 and low of Rs 3801.2 during the session.

The return on equity (ROE) for the stock stood at 13.28 per cent. Traded volume on the counter stood at 12:33PM shares and turnover at Rs 124.0 crore around that time.


The stock of Siemens Ltd. quoted a 52-week high and 52-week low prices of Rs 4066.1 and Rs 2670.35, respectively.

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

Promotor/FII Holding
ADVERTISEMENT
Promoters held 75.0 per cent stake in the company as of 30-Jun-2023, while foreign investors held 7.58 per cent and domestic institutional investors had 7.92 per cent.

Key Financials
The company reported consolidated sales of Rs 5005.6 crore for the quarter ended 30-Jun-2023, up 0.63 per cent from previous quarter's Rs 4974.4 crore and up 15.42 per cent from the year-ago quarter's Rs 4337.0 crore.

Net profit after tax for the latest quarter stood at Rs 455.5 crore, up 51.48 per cent from the same quarter a year ago.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › Stock Watch › Share price of Siemens falls as Nifty strengthens
Text Size:AAA
Success
This article has been saved

*

+