Share price of Adani Green rises as Nifty strengthens

Shares of Adani Green Energy Ltd. gained 3.17 per cent to Rs 1237.0 in Wednesday's trade as of 10:05AM (IST).

The stock hit a high price of Rs 1258.85 and low of Rs 1217.9 during the session.

The return on equity (ROE) for the stock stood at 9.54 per cent. Traded volume on the counter stood at 10:05AM shares and turnover at Rs 20.74 crore around that time.

The stock of Adani Green Energy Ltd. quoted a 52-week high and 52-week low prices of Rs 1341.6 and Rs 219.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.9.

Promotor/FII Holding
Promoters held 56.29 per cent stake in the company as of 31-Mar-2021, while overseas investors held 21.47 per cent and domestic institutional investors had 0.3 per cent.

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.

Net profit after tax for the latest quarter stood at Rs 105.0 crore, up 8.91 per cent from the same quarter a year ago.