The stock opened at Rs 911.25 and touched an intraday high and low of Rs 911.25 and Rs 891.05, 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 342.65.
Total market cap of the Adani Green Energy Ltd. stood at Rs 140761.29 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1079.0 crore for the quarter ended 30-Jun-2021, down 0.28 per cent from previous quarter’s Rs 1082.0 crore and down 22.87 per cent from the year-ago quarter’s Rs 878.14 crore.
The net profit for latest quarter stood at Rs 219.0 crore, up 1033.54 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, DIIs held 0.12 per cent stake in the company, while foreign institutional investors held 20.32 per cent and the promoters 57.47 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 364.14 and a price-to-book ratio of 200.6. 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.
