Siemens shares down 0.7% as Nifty drops

The scrip opened at Rs 2303.55 and touched an intraday high and low of Rs 2311.2 and Rs 2272.55, respectively, in the session so far. Shares of the company of Siemens Ltd. quoted a 52-week high of Rs 2577.45 and a 52-week low of Rs 1718.0.

Total market cap of the Siemens Ltd. stood at Rs 81250.62 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 3610.0 crore for the quarter ended 31-Dec-2021, down 17.17 per cent from previous quarter’s Rs 4358.3 crore and down 21.01 per cent from the year-ago quarter’s Rs 2983.3 crore.

The net profit for latest quarter stood at Rs 250.7 crore, down 15.16 per cent from the same quarter a year ago.

Shareholding pattern

As of 31-Dec-2021, domestic institutional investors held 2.72 per cent stake in the company, while foreign institutional investors held 5.4 per cent and the promoters 75.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 77.71 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.