Adani Power shares: Stock market news: Adani Power shares lose over 2%

NEW DELHI: Shares of Adani Power traded -2.37 per cent down in Tuesday’s trade at 12:36PM (IST). Around 3102849 shares changed hands on the counter. The stock opened at Rs 89.1 and touched an intraday high and low of Rs 94.9 and Rs 88.3, respectively, in the session so far.

The stock quoted a 52-week high of Rs 109 and a 52-week low of Rs 28.75.

Financials

Adani Power, incorporated in the year 1996, is a Large Cap company with a market cap of Rs 34673.88 crore, operating in Power sector.

For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 7099.20 Crore, down 19.26 per cent from last quarter Total Income of Rs 8792.28 Crore and up 6.20 per cent from last year same quarter Total Income of Rs 6684.52 Crore. Company has reported net profit after tax of Rs -288.74 Crore in latest quarter.

Adani Power key Products/Revenue Segments include Coal, Income From Power Supply and Other Operating Revenue for the year ending 31-Mar-2020.

Promoter holding

Promoters held 74.97 per cent stake in the company as of quarter ended 31st Dec 2020.

Valuation ratio

It quoted a price-to-earnings ratio of -618.28 and price to book value of -5.01.