SIEMENS Surges by 5%; BSE CAPITAL GOODS Index Up 1.2%

Thu, 23 Apr 12:34 PM

SIEMENS share price has zoomed 5% and is presently trading at Rs 1,199.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,899 (up 1.2%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are SIEMENS (up 5.1%) and GRAPHITE INDIA (up 5.0%).

CARBORUNDUM UNIVERSAL (down 0.7%) and SCHAEFFLER INDIA LTD (down 0.7%) are among the top losers today.

Over the last one year, SIEMENS has moved up from Rs 1,160 to Rs 1,199, registering a gain of Rs 39 (up 2.6%).

On the other hand, the BSE CAPITAL GOODS has moved down from 18,223 to 11,899, loss of 6,324 points (down 35.2%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 16.3%) and SIEMENS (up 2.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 31,849 (up 1.3%).

The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 5.6%), TCS (up 3.9%) and ICICI BANK (up 3.5%). Other gainers include BAJAJ FINANCE (up 3.0%) and ONGC (up 2.9%). The most traded stocks in the BSE Sensex are ONGC and ITC.

In the meantime, NSE Nifty is at 9,326 (up 1.3%). The top gainers in the NSE Nifty include ZEE ENTERTAINMENT (up 6.9%), KOTAK MAHINDRA BANK (up 5.8%) and TCS (up 4.3%). Other gainers include HINDALCO (up 4.0%) and ICICI BANK (up 3.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,645 to 31,849, registering a loss of 6,796 points (down 17.73%).

SIEMENS Financial Update...

SIEMENS net profit stood at Rs 3 billion for the quarter ended December 2019, compared to a profit of Rs 1 billion a year ago. Net Sales declined 4.9% to Rs 26.7 billion during the period as against Rs 28.1 billion in October-December 2018.

For the year ended September 2019, SIEMENS reported 22.0% increase in net profit to Rs 11.0 billion compared to net profit of Rs 9.0 billion during FY18.

Revenue of the company grew 7.6% to Rs 138 billion during FY19.

The current Price to earnings ratio of SIEMENS, based on rolling 12 month earnings, stands at 37.8x.

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