Siemens share price: Siemens share price drops as Nifty weakens

The shares of Ltd. slipped 2.14 percent to Rs 2,374.3 in Friday trading at 1:03 p.m. (IST). The stock reached a high price of Rs 2,433.7 and a low of Rs 2,356.3 during the session.

The share’s return on equity (ROE) was 10.53%. The volume traded over the counter stood at 1:03 p.m. and turnover at Rs 2.13 crore at that time. The action of Siemens Ltd. listed a 52 week high price of Rs 2577.45 and a 52 week low price of Rs 1517.3, respectively.

The stock’s beta value, which measures its volatility relative to the overall market, was 1.3.




Promoter / FII Holding

The promoters held 0.0% of the company’s capital as of Sep 30, 2021, while foreign investors held 5.21% and domestic institutional investors 2.16%.

Key financial data

The company reported consolidated sales of Rs 4,358.3 crore for the quarter ended Sep 30, 2021, up 46.05% from Rs 2,984.2 crore in the previous quarter and 20.75% from Rs 3609.3 crore from the quarter of the previous year. Net profit after tax for the last quarter stood at Rs 321.6 crore, down 2.6% from the same quarter a year ago.


Techniques
The MACD signaled a bullish bias on the meter. The MACD is known to signal trend reversals of securities or indices traded.

This is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called a signal line, is plotted above the MACD to reflect opportunities to “buy” or “sell”. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may experience a downward movement and vice versa.

Eleanor C. William