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Siemens share price: Siemens share price rises 5.18% due to rise in Nifty

Shares of Siemens Ltd. rose 5.18% to Rs 7325.0 in Monday trading. The intraday high was Rs 7339.65 and the lowest was Rs 7149.4.

The stock has a 52-week high of Rs 7388.05 and a 52-week low of Rs 3248.0.

As of 10:30 am (IST), the total volume was 4,561 shares and the transaction value was Rs 3.3 crore, according to NSE.

The stock had closed at Rs 6964.15 in the previous session.

The bond has gained 23.87 per cent in the past month to date, while the benchmark BSE Sensex has gained 2.02 per cent in the same period. According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 110.59 and a price-to-book ratio of 9.99. A higher P/E ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock offers due to expectations of better future growth. Price book value represents the intrinsic value of a company and reflects the price investors are prepared to pay even if there is no growth in the business. The stock belongs to the Capital Goods – Diversified industry. Promoter/FII holdings
The promoters hold 0.0% stake in the company as on March 31, 2024, while FII and MF ownership in the company is 8.3% and 3.03%, respectively.

main financial
The company reported consolidated revenue of Rs 6070.9 crore for the quarter ended March 31, 2024, up 21.68% from Rs 4989.3 crore in the previous quarter and 22.04% up from Rs 4974.4 crore in the year-ago quarter. Its net profit in the latest quarter was Rs 802.5 crore, up 70.24% year-on-year.

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