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    HomeNewsBusinessStocksSiemens AG to sell 39.59 lakh shares; Siemens slips 3%

    Siemens AG to sell 39.59 lakh shares; Siemens slips 3%

    Siemens AG was expected to sell 39.59 lakh shares via block deal at Rs 649-698 per share, reports CNBC-TV18. Siemens touched an intraday high of Rs 681 and an intraday low of Rs 672. At 09:21 hrs the share was quoting at Rs 677.80, down Rs 21.15, or 3.03%.

    September 12, 2012 / 09:29 IST

    Siemens AG was expected to sell 39.59 lakh shares via block deal at Rs 649-698 per share. HSBC is a sole book-runner for the deal, reports CNBC-TV18.
     
    Siemens touched an intraday high of Rs 681 and an intraday low of Rs 672. At 09:21 hrs the share was quoting at Rs 677.80, down Rs 21.15, or 3.03%.
     
    It was trading with volumes of 90,981 shares. In the previous trading session, the share closed up 3.62% or Rs 24.40 at Rs 698.95.

    The company's trailing 12-month (TTM) EPS was at Rs 20.53 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 32.99. The latest book value of the company is Rs 112.11 per share. At current value, the price-to-book value of the company was 6.04. The dividend yield of the company was 0.89%.

     

    first published: Sep 12, 2012 09:25 am

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