Siemens shares down 1.17% as Nifty gains

The stock opened at Rs 3127.9 and touched an intraday high and low of Rs 3138.8 and Rs 3081.0, respectively, in the session so far. The stock of Siemens Ltd. quoted a 52-week high of Rs 3179.75 and a 52-week low of Rs 2150.75.

As per BSE, the total market cap of the Siemens Ltd. stood at Rs 110085.67 crore at the time of writing this report.

Key Financials
The company reported consolidated net sales of Rs 4759.9 crore for the quarter ended 30-Sep-2022, up 9.75 per cent from previous quarter’s Rs 4337.0 crore and up 9.21 per cent from the year-ago quarter’s Rs 4358.3 crore.

The net profit for latest quarter stood at Rs 652.3 crore, up 102.83 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Dec-2022, DIIs held 2.81 per cent stake in the company, while foreign institutional investors held 5.42 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 71.31 and a price-to-book ratio of 8.49. 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.