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Siemens soars on reporting 70% rise in consolidated net profit for March quarter
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Siemens is currently trading at Rs. 7000.65, up by 347.05 points or 5.22% from its previous closing of Rs. 6653.60 on the BSE.
The scrip opened at Rs. 7146.95 and has touched a high and low of Rs. 7243.60 and Rs. 6922.50 respectively. So far 37981 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7,243.60 on 15-May-2024 and a 52 week low of Rs. 3248.00 on 31-Oct-2023.
Last one week high and low of the scrip stood at Rs. 7243.60 and Rs. 6076.40 respectively. The current market cap of the company is Rs. 250037.37 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.71% and 9.29% respectively.
Siemens has reported 73.72% rise in its net profit at Rs 896.40 crore for quarter ended March 31, 2024 as compared to Rs 516.00 crore for the same quarter in the previous year. Total income of the company increased by 24.10% at Rs 5774.40 crore for the quarter under review as compared to Rs 4653.20 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 70.18% rise in its net profit at Rs 802.90 crore for quarter ended March 31, 2024 as compared to Rs 471.80 crore for the same quarter in the previous year. Total income of the company increased by 22.04% at Rs 6070.90 crore for the quarter under review as compared to Rs 4974.40 crore for the corresponding quarter previous year.
