Share price of Siemens falls as Nifty weakens

A total of 8,232 shares changed hands on the counter till 01:08PM (IST).

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
Shares of Siemens Ltd. slipped 0.65 per cent to Rs 2389.7 in Wednesday's trade as of 01:08PM (IST).

The stock hit a high price of Rs 2411.7 and low of Rs 2378.0 during the session.

The return on equity (ROE) for the stock stood at 10.53 per cent. Traded volume on the counter stood at 01:08PM shares and turnover at Rs 1.97 crore around that time.


The stock of Siemens Ltd. quoted a 52-week high and 52-week low prices of Rs 2577.45 and Rs 1556.1, respectively.

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

Promotor/FII Holding
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Promoters held 75.0 per cent stake in the company as of 30-Sep-2021, while foreign investors held 5.21 per cent and domestic institutional investors had 9.92 per cent.

Key Financials
The company reported consolidated sales of Rs 4358.3 crore for the quarter ended 30-Sep-2021, up 46.05 per cent from previous quarter's Rs 2984.2 crore and up 20.75 per cent from the year-ago quarter's Rs 3609.3 crore.

Net profit after tax for the latest quarter stood at Rs 321.6 crore, down 2.6 per cent from the same quarter a year ago.
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