Siemens Share Price: Share price of Siemens rises as Nifty weakens
A total of 3,267 shares changed hands on the counter till 11:16AM (IST).
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A total of 3,267 shares changed hands on the counter till 11:16AM (IST).
Analysts attribute this fall to pre-Lok Sabha election outcome jitters, earnings season, and a high level of margin trading
Promoters held 59.35 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 25.54 per cent and 3.12 per cent, respectively.
Indian equity indices dropped with Nifty and Sensex decline, led by Reliance Industries and HDFC Bank. Bajaj Finance shares surged 6% after RBI lifted restrictions. Market focused on US jobs data and global cues.
On the technical charts, the 200-day moving average of the stock stood at Rs 2194.09.