The stock opened at Rs 1469.0 and touched an intraday high and low of Rs 1469.0 and Rs 1451.6, respectively, in the session so far. The stock of Adani Enterprises Ltd. quoted a 52-week high of Rs 1718.45 and a 52-week low of Rs 257.45.
As per BSE, the total market cap of the Adani Enterprises Ltd. stood at Rs 161584.1 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 12730.63 crore for the quarter ended 30-Jun-2021, down 7.0 per cent from previous quarter’s Rs 13688.95 crore and down 131.38 per cent from the year-ago quarter’s Rs 5502.02 crore.
The net profit for latest quarter stood at Rs 271.46 crore, up 811.25 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 0.82 per cent stake in the firm, while foreign institutional investors held 19.65 per cent and the promoters 66.33 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 138.75 and a price-to-book ratio of 6.61. 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 Enterprises Ltd. belongs to the Diversified industry.
