On Monday, Siemens Ltd.’s stock rose by 0.44% to reach Rs 6836.30 by 2:08 PM (IST). During the day, the stock peaked at Rs 6911.60 and dipped to Rs 6642.95. The company has a strong return on equity (ROE) of 17.68%, which measures how well it uses its assets to make profits.
Around this time, the trading volume was significant, with shares traded amounting to Rs 10.67 crore. Siemens’ shares have seen a 52-week high of Rs 8129.95 and a low of Rs 3817.00, showing a wide range in its stock price over the past year.
The stock is considered a bit volatile, with a beta value of 1.3044, meaning it moves more than the overall market.
Investment Structure
– Promoters: 75% of the company is held by its founders.
– Foreign Investors: 8.69% are held by foreign investors.
– Domestic Investors: 6.83% of the shares are with local institutions.
Company Performance
For the quarter that ended on September 30, 2024, Siemens reported a total sales figure of Rs 6744.40 crore, which is a huge jump of 25.82% compared to the previous quarter’s sales of Rs 5360.30 crore, and a 13.29% increase from Rs 5953.20 crore from the same quarter last year. In terms of profit, the company made Rs 830.7 crore, which is a rise of 45.41% compared to last year.
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