Adani Ent Share Price: Share price of Adani Ent. jumps as Sensex drops 252.12 points

The share price of Adani Enterprises Ltd. gained 1.32 per cent to Rs 1697.6 at 10:51AM (IST) in Tuesday’s trade. The stock has hit a high of Rs 1720.0 and low of Rs 1648.8 so far during the session. The stock had closed at Rs 1675.55 in the previous session.

The counter has had a total traded volume of 57432 shares so far with a value of Rs 9.72 crore on the NSE. It traded at a price-to-earnings multiple of 183.87 and a price-to-book ratio of 6.61.

A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 315.26 per cent during the past one year, while the 30-share index advanced 34.01 per cent during the same period.

Adani Enterprises Ltd. belongs to the Diversified industry.


Promotor/FII Holding

Promoters held 66.33 per cent stake in the company as of 30-Sep-2021, while foreign investors and domestic institutional investors ownership stood at 18.05 per cent and 1.64 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 13597.1 crore for the quarter ended 30-Sep-2021, up 6.81 per cent from the previous quarter’s Rs 12730.63 crore and up 46.01 per cent from the year-ago quarter’s Rs 9312.14 crore.

Profit for the latest quarter stood at Rs 212.41 crore, down 41.38 per cent from the same quarter a year ago.

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