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Siemens Share Price Plunged 3.63% Intraday

Updated on: Dec 24, 2024, 5:19 PM IST
Siemens Ltd shares fell 3.63% to ₹6,582.85 on Dec 24, with a 52-week range of ₹3,945.20-₹8,129.95, trading at a P/E of 88.92x and a P/B of 15.54.
Siemens Share Price Plunged 3.63% Intraday
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On December 24, 2024, Siemens share price traded 3.63% lower at ₹6,582.85 at 1:15 PM (IST), while the BSE benchmark Sensex fell 50.20 points to 78,489.97. Siemens share price reached a 52-week high of ₹8,129.95 on October 10, 2024, and a 52-week low of ₹3,945.20 on December 28, 2023. As per BSE, the total traded volume for the stock stood at 0.21 lakh with a turnover of ₹13.76 crore.

At the current price, Siemens shares are trading at a price-to-earnings (P/E) ratio of 88.92x, based on its trailing 12-month earnings per share (EPS) of ₹74.84, and a price-to-book (P/B) ratio of 15.54, according to exchange data. The stock has a beta value of 1.77, indicating its volatility in relation to the broader market.

Shareholding Details

As of September 30, 2024, promoters held a 75% stake in Siemens shares, while Foreign Institutional Investors (FIIs) owned 8.69%, and Domestic Institutional Investors (DIIs) held 6.90%.

Siemens Q2 FY25 Results

Siemens reported a net profit for the July-September 2024 quarter, reaching ₹775 crore compared to ₹534 crore in the same period last year, driven by higher revenues. The company’s revenue stood at ₹5,894 crore, up from ₹5,297 crore in the corresponding period of 2023.

For the fiscal year 2023-24 (October 2023 to September 2024), Siemens recorded a net profit, reaching ₹2,665 crore, compared to ₹1,911 crore in the previous fiscal. Revenue for the year grew to ₹20,250 crore from ₹17,701 crore in fiscal 2022-23.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Dec 24, 2024, 3:16 PM IST

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