Share price of Adani Power as Sensex drops 171.75 points

Share price of Adani Power Ltd. 1.4 per cent to Rs 440.55 at 02:12PM (IST) in Tuesday’s trade. The stock hit a high of Rs 455.65 and low of Rs 433.25 so far during the session. The stock had closed at Rs 446.85 in the previous session.

The counter had a total traded volume of 02:12PM shares so far with a turnover of Rs 72.25 crore on BSE. The stock traded at a price-to-earnings multiple of 13.24 and a price-to-book ratio of 5.78.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Adani Power Ltd. belongs to the Power Generation – Thermal industry.

Growfast

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Promotor/FII Holding
Promoters held 74.96 per cent stake in the company as of 30-Sep-2024, while FIIs and domestic institutional investors ownership stood at 12.66 per cent and 1.52 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 14062.8400 crore for the quarter ended 30-Sep-2024, 9.12 per cent from the previous quarter’s Rs 15473.9500 crore and 5.84 per cent from the year-ago quarter’s Rs 14935.6800 crore.

Its for the latest quarter stood at Rs 3331.8 crore, 49.47 per cent from the same quarter a year ago.

Forrás: eredeti cikk

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