Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Siemens Plunges 3%; BSE CAPITAL GOODS Index Down 1.1%
Thu, 18 Jul 9:36

Siemens Plunges 3%; BSE CAPITAL GOODS Index Down 1.1%Image source: Sefa Ozel/www.istockphoto.com

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%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

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 Financial Update...

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.


Equitymaster requests your view! Post a comment on "Siemens Plunges 3%; BSE CAPITAL GOODS Index Down 1.1%". Click here!