Siemens shares down 1.12% as Nifty drops

The stock opened at Rs 2919.4 and touched an intraday high and low of Rs 2949.3 and Rs 2874.05, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 3136.8 and a 52-week low of Rs 2023.15.

Total market cap of the Siemens Ltd. stood at Rs 102697.96 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 4337.0 crore for the quarter ended 30-Jun-2022, up 7.85 per cent from previous quarter’s Rs 4021.5 crore and up 45.33 per cent from the year-ago quarter’s Rs 2984.2 crore.

The net profit for latest quarter stood at Rs 300.7 crore, up 116.49 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Jun-2022, domestic institutional investors held 2.81 per cent stake in the company, while foreign institutional investors held 5.42 per cent and the promoters 75.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 84.66 and a price-to-book ratio of 7.32. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

Siemens Ltd. belongs to the Capital Goods – Diversified industry.