Siemens Share Price: Siemens stock price up 1.77 per cent as Sensex slides

Shares of Siemens Ltd. rose 1.77 per cent to Rs 5078.95 at 10:35AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 3,585 shares with a turnover of Rs 1.81 crore till 10:35AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 90.02, while the price-to-book value ratio stood at 9.99.

Return on equity (ROE) was at 14.98 per cent, according to exchange data. The stock hit an intraday high of Rs 5113.0 and a low of Rs 4964.6 during the session and quoted a 52-week high price of Rs 5113.0 and a 52-week low of Rs 3240.0.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.3.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 3910.2 on March 26, while the 50-DMA was at Rs 4453.15. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way. The Relative Strength Index (RSI) of the stood at 70.66. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30. Promoter holding

As of 31-Dec-2023, promoters held 75.0 per cent stake in the company, while overseas investors held 7.89 per cent and domestic institutional investors had 7.69 per cent.

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