Why is Siemens falling/rising?
As of 11-Jul, Siemens Ltd. is facing a stock price decline to Rs 3,115.15, down 2.42%, with a total drop of 5.27% over the last three days and 18.90% year-to-date. The company's poor long-term growth and recent negative financial results have led to significant underperformance compared to the market.
As of 11-Jul, Siemens Ltd. is experiencing a decline in its stock price, currently at Rs 3,115.15, which reflects a decrease of Rs 77.35 or 2.42%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.27% during this period. Additionally, the stock's performance over the past week shows a drop of 5.34%, while it has decreased by 7.10% over the past month. The stock's delivery volume has also decreased significantly, down by 22.56% compared to the five-day average, indicating falling investor participation. Despite having a low debt-to-equity ratio and being the second-largest company in its sector, Siemens has faced challenges with poor long-term growth, as evidenced by a net sales growth rate of only 7.34% over the last five years and a significant drop in profits.In the broader market context, Siemens has underperformed relative to the benchmark, with the Sensex showing a decline of only 1.12% over the past week and a negligible change of 0.02% over the past month. The stock's year-to-date performance is particularly concerning, with a decline of 18.90%, while the Sensex has gained 5.58% during the same period. This stark contrast highlights the stock's struggles, especially as it has generated a negative return of 31.71% over the past year, compared to the market's positive return of 0.52%. The company's recent negative financial results, including a 44.36% drop in profit before tax and a 21.16% decline in profit after tax, further contribute to the negative sentiment surrounding the stock.
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