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Siemens slips on reporting 55% fall in Q4 net profit

20 Nov 2018 Evaluate

Siemens is currently trading at Rs. 935.00, down by 5.40 points or 0.57% from its previous closing of Rs. 940.40 on the BSE.

The scrip opened at Rs. 950.00 and has touched a high and low of Rs. 950.00 and Rs. 925.10 respectively. So far 19689 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1330.10 on 23-Jan-2018 and a 52 week low of Rs. 841.00 on 22-Oct-2018.

Last one week high and low of the scrip stood at Rs. 995.55 and Rs. 871.00 respectively. The current market cap of the company is Rs. 33261.63 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 14.17% and 10.83% respectively.

Siemens has reported 55.24% fall in its net profit at Rs 279.20 crore for the quarter ended September 30, 2018 as compared to Rs 623.80 crore for the same quarter in the previous year. However, total income of the company increased by 25.30% at Rs 4,015.60 crore for September quarter as compared Rs 3,204.80 crore for the corresponding quarter of previous year.

Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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