The stock opened at Rs 1540.0 and touched an intraday high and low of Rs 1540.0 and Rs 1507.55, respectively, in the session so far. Shares of the company of Adani Enterprises Ltd. quoted a 52-week high of Rs 1718.45 and a 52-week low of Rs 145.15.
Total market cap of the Adani Enterprises Ltd. stood at Rs 166951.17 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 13688.95 crore for the quarter ended 31-Mar-2021, up 16.13 per cent from previous quarter’s Rs 11787.82 crore and up 0.07 per cent from the year-ago quarter’s Rs 13698.09 crore.
The net profit for latest quarter stood at Rs 233.95 crore, up 282.21 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, DIIs held 0.73 per cent stake in the company, while foreign institutional investors held 20.51 per cent and the promoters 74.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 180.89 and a price-to-book ratio of 0.89. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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 Enterprises Ltd. belongs to the Diversified industry.
