Adani Ent Share Price: Adani Ent. shares gain 2.05% as Sensex rises

Shares of Adani Enterprises Ltd. traded 2.05 per cent up at Rs 1488.05 at 12:34PM (IST) on Monday, even as BSE benchmark Sensex gained 449.13 points to 59214.71. The stock had settled at Rs 1458.2 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1718.45 and Rs 296.0, respectively.

As per BSE data, total traded volume on the counter till 12:34PM (IST) stood at 12:34PM shares with turnover at Rs 5.27 crore.

At the current price, the stock trades at 137.71 times its trailing 12-month EPS of Rs 10.59 per share and 6.61 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 2.02.


Shareholding Details

Promoters held 74.92 per cent stake in the company as of 30-Jun-2021, while FIIs owned 19.65 per cent and DIIs 2.15 per cent.

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