ADANI POWER share price has plunged 6% and is presently trading at Rs 51.
Meanwhile, the BSE POWER Index is at 2,070 (down 1.1%).
Among the top losers in the BSE POWER Index today are ADANI POWER (down 6.5%) and KALPATARU POWER (down 6.7%).
JSW ENERGY (up 0.5%) is among the top gainer today.
Over the last one year, ADANI POWER has moved down from Rs 60 to Rs 51, registering a loss of Rs 9 (down 14.5%)..
The BSE POWER has moved up from 1,872 to 2,070, registering a gain of 198 points (up 10.6%) during the last 12 months.
The top buzzing stocks among the BSE POWER Index stocks during this same period were KEC INTERNATIONAL (up 38.4%), TATA POWER (up 38.2%) and ADANI TRANSMISSION (up 29.2%).
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The BSE Sensex is at 46,044 (down 0.3%). The top gainers among the BSE Sensex stocks today are NESTLE (up 4.4%). The most traded stocks in the BSE Sensex are ITC and ONGC.
In the meantime, NSE Nifty is at 13,504 (down 0.4%). NESTLE (up 4.2%) and ITC (up 3.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,487 to 46,044, registering a gain of 5,557 points (up 13.51%).
ADANI POWER net profit declined 417.2% YoY to Rs 22 billion for the quarter ended September 2020, compared to a loss of Rs 7 billion a year ago. Net Sales rose 17.9% to Rs 77.5 billion during the period as against Rs 65.7 billion in July-September 2019.
For the year ended March 2018, ADANI POWER reported 0.3% decrease in net profit to Rs 20.9 billion compared to net profit of Rs 21.0 billion during FY17.
Revenue of the company grew 8.9% to Rs 206 billion during FY18.
The current Price to earnings ratio of ADANI POWER, based on rolling 12 month earnings, stands at down 37.9x.
What else is happening in the markets today? Dig in...
After five days of consecutive bullish rally, Indian share markets reversed trend today, in line with global equities and fell on to bearish territory, amid profit booking.
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