Share price of Siemens falls as Nifty strengthens

Shares of Siemens Ltd. slipped 3.08 per cent to Rs 3838.3 in Tuesday’s trade as of 01:24PM (IST).

The stock hit a high price of Rs 3975.05 and low of Rs 3826.5 during the session.

The return on equity (ROE) for the stock stood at 13.28 per cent. Traded volume on the counter stood at 01:24PM shares and turnover at Rs 372.0 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
Promoters held 75.0 per cent stake in the company as of 30-Jun-2023, while FIIs 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.

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