The return on equity (ROE) for the stock was 14.98 percent. The traded volume at the counter was 10:40AM shares and around that time Rs. 2.59 crore was the turnover. Shares of Siemens Limited respectively Rs. 7929.45 to its 52-week high and Rs. 52 week low of 3248.0 was shown.
The stock’s beta value, which measures its volatility relative to the broader market, was 1.3.
Promoter/FII holding
Promoters held 0.0 per cent stake in the company as on 31-Mar-2024, while FIIs held 8.3 per cent and domestic institutional investors held 3.03 per cent.
Chief Financial Officer
For the quarter ended 31-Mar-2024, the company posted Rs. 6070.9 crores, compared to the previous quarter’s Rs. 4989.3 crore to 21.68 percent and the year-ago quarter’s Rs. 4974.4 crore was 22.04 percent higher. The net profit after tax in the latest quarter was Rs. 802.5 crore, which was 70.24 percent higher than the same quarter a year ago.
Technicals
MACD indicated a bullish bias on the counter. MACD is known for indicating the opposite trend in traded securities or indices.
It 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 “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
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