The counter had a total traded volume of 02:14PM shares so far with a turnover of Rs 5.07 crore on BSE. The stock traded at a price-to-earnings multiple of 941.52 and a price-to-book ratio of 31.49.
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 Green Energy Ltd. belongs to the Power Generation – Solar industry.
Promotor/FII Holding
Promoters held 56.29 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 21.47 per cent and 0.3 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 1082.0 crore for the quarter ended 31-Mar-2021, up 28.36 per cent from the previous quarter’s Rs 842.92 crore and up 50.56 per cent from the year-ago quarter’s Rs 718.67 crore.
Its profit for the latest quarter stood at Rs 105.0 crore, up 8.91 per cent from the same quarter a year ago.
