SIEMENS at All Time High; BSE CAPITAL GOODS Index Up 1.6%

October 9, 2019 03:34 PM

SIEMENS share price has hit an all-time high at Rs 1,595 (up 4.2%).

Meanwhile, the BSE CAPITAL GOODS Index is at 18,086 (up 1.6%).

Among the top gainers in the BSE CAPITAL GOODS Index today are SIEMENS (up 4.2%) and HONEYWELL AUTOMATION (up 0.2%).

LAKSHMI MACHINE (down 0.1%) and GRAPHITE INDIA (down 0.3%) are among the top losers today.

Over the last one year, SIEMENS has moved up from Rs 938 to Rs 1,595, registering a gain of Rs 656 (up 68.8%).

The BSE CAPITAL GOODS has moved up from 16,375 to 18,086, registering a gain of 1,711 points (up 10.1%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were SIEMENS (up 68.8%), HONEYWELL AUTOMATION (up 51.5%) and KALPATARU POWER (up 49.5%).

What About the Benchmark Indices?

The BSE Sensex is at 38,203 (up 1.8%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 5.4%), BHARTI AIRTEL (up 5.3%) and SBI (up 5.0%). Other gainers include ICICI BANK (up 4.9%) and M&M (up 4.4%). The most traded stocks in the BSE Sensex are SBI and TATA MOTORS.

In the meantime, NSE Nifty is at 11,322 (up 1.7%). The top gainers in the NSE Nifty include INDUSIND BANK (up 5.5%), BHARTI AIRTEL (up 5.2%) and SBI (up 5.1%). Other gainers include ICICI BANK (up 4.9%) and ULTRATECH CEMENT (up 4.9%).

Over the last 12 months, the BSE Sensex has moved up from 34,474 to 38,203, registering a gain of 3,729 points (up 10.8%).

SIEMENS Financial Update...

SIEMENS net profit stood at Rs 2 billion for the quarter ended June 2019, compared to a profit of Rs 1 billion a year ago. Net Sales rose 13.9% to Rs 32.0 billion during the period as against Rs 28.1 billion in April-June 2018.

For the year ended September 2018, SIEMENS reported 58.3% increase in net profit to Rs 9.0 billion compared to net profit of Rs 5.7 billion during FY17.

Revenue of the company grew 12.2% to Rs 128 billion during FY18.

The current Price to earnings ratio of SIEMENS, based on rolling 12 month earnings, stands at 60.3x.