The counter had a total traded volume of 12:24PM shares so far with a turnover of Rs 11.96 crore on BSE. The stock traded at a price-to-earnings multiple of 148.86 and a price-to-book ratio of 6.61.
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 Enterprises Ltd. belongs to the Diversified industry.
Promotor/FII Holding
Promoters held 74.92 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 19.65 per cent and 2.15 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 12730.63 crore for the quarter ended 30-Jun-2021, down 7.0 per cent from the previous quarter’s Rs 13688.95 crore and down 131.38 per cent from the year-ago quarter’s Rs 5502.02 crore.
Its profit for the latest quarter stood at Rs 271.46 crore, up 811.25 per cent from the same quarter a year ago.
