Adani Ent Share Price: Share price of Adani Ent. falls as Sensex gains 4.83 points

The share price of Adani Enterprises Ltd. dropped 2.3 per cent to Rs 1559.1 at 12:46PM (IST) in Friday’s trade. The counter has hit a high of Rs 1609.15 and low of Rs 1557.5 so far during the session. The stock had closed at Rs 1595.85 in the previous session.

The counter has had a total traded volume of 73966 shares so far with a value of Rs 11.77 crore on the NSE. It traded at a price-to-earnings multiple of 147.96 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 400.21 per cent during the past one year, while the 30-share index advanced 50.14 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 overseas 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 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.

Profit for the latest quarter stood at Rs 271.46 crore, up 811.25 per cent from the same quarter a year ago.

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