Siemens share price has plunged 3% and is presently trading at Rs 7,333.1.
Meanwhile, the BSE CAPITAL GOODS index is at 73,610.3 (down 1.1%).
Among the top losers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (down 3.8%) and Finolex Cables (down 1.7%).
SCHAEFFLER INDIA (up 2.9%) and TIMKEN INDIA (up 2.1%) are among the top gainers today.
Over the last one year, Siemens has moved up from Rs 3,695.4 to Rs 7,333.1, registering a gain of Rs 3,637.7 (up 98.4%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 41,426.7 to 73,610.3, registering a gain of 77.7% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 239.2%), HINDUSTAN AERO. (up 168.6%) and Bharat Electronics (up 152.5%).
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The BSE Sensex is at 80,490.0 (down 0.3%).
The top losers among the BSE Sensex today are Asian Paints (down 2.0%) and Bajaj Finance (down 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 24,527.9 (down 0.4%). Bajaj Auto and Asian Paints are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 80,490.0, registering a gain of 13,900.1 points (up 20.9%).
Siemens net profit grew 70.2% YoY to Rs 8,028 million for the quarter ended March 2024, compared to a profit of Rs 4,718 million a year ago. Net sales rose 18.4% to Rs 57,499 million during the period as against Rs 48,578 million in January-March 2023.
For the year ended September 2023, Siemens reported 55.5% increase in net profit to Rs 19,619 million compared to net profit of Rs 12,619 million during FY22. Revenue of the company grew 21.2% to Rs 195,538 million during FY23.
The current Price to earnings ratio of Siemens, based on rolling 12 month earnings, stands at 111.8.
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