The counter opened at Rs 1160.0 and touched an intraday high and low of Rs 1160.0 and Rs 1104.75, respectively, in the session so far. The stock of Adani Green Energy Ltd. quoted a 52-week high of Rs 1394.0 and a 52-week low of Rs 306.1.
As per BSE, the total market cap of the Adani Green Energy Ltd. stood at Rs 178219.43 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1082.0 crore for the quarter ended 31-Mar-2021, up 28.36 per cent from previous quarter’s Rs 842.92 crore and up 50.56 per cent from the year-ago quarter’s Rs 718.67 crore.
The net profit for latest quarter stood at Rs 105.0 crore, up 8.91 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, DIIs held 0.12 per cent stake in the firm, while foreign institutional investors held 21.47 per cent and the promoters 54.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 953.65 and a price-to-book ratio of 31.49. 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 Green Energy Ltd. belongs to the Power Generation – Solar industry.
