Siemens surged 6.20% to Rs 530 at 10:35 IST on BSE on reporting 107.2% surge in net profit to Rs 169.43 crore on 1.5% rise in net sales to Rs 1809.68 crore in Q3 June 2008 over Q3 June 2007.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 550 and a low of Rs 515 so far during the day. The stock had a 52-week high of Rs 1125 on 25 November 2007 and a 52-week low of Rs 363 on 1 July 2008.
The company has an equity capital of Rs 67.44 crore. Face value per share is Rs 2.
The current price of Rs 530 discounts its Q3 June 2008 annualised EPS of Rs 20.10, by a PE multiple of 26.37.
At the time of announcement of Q3 June 2008 results, Siemens said it procured new orders worth Rs 2078 crore in Q3 June 2008, up 18% from a year ago. The main contributors to the new order intake were industrial solutions and services, automation and drives businesses, it added. The company's outstanding order book at the end of the June 2008 quarter stood at Rs 9850 crore.
Siemens manufactures and distributes switchgear items, electric motors and generators, switchboards, control boards, control systems and protection systems.
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