ADANI POWER share price has plunged 5% and is presently trading at Rs 159.
Meanwhile, the BSE POWER Index is at 3,064 (up 0.2%).
Among the top losers in the BSE POWER Index today is ADANI POWER (down 5.1%).
RELIANCE INFRA (up 2.4%) and POWER GRID (up 2.0%) are among the top gainers today.
Over the last one year, ADANI POWER has moved up from Rs 38 to Rs 159, registering a gain of Rs 121 (up 315.8%)..
The BSE POWER has moved up from 1,562 to 3,064, registering a gain of 1,502 points (up 96.1%) during the last 12 months.
The top buzzing stocks among the BSE POWER Index stocks during this same period were ADANI TRANSMISSION (up 745.0%), RELIANCE INFRA (up 291.0%) and ADANI POWER (up 285.5%).
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The BSE Sensex is at 52,627 (up 0.5%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 2.0%). The most traded stocks in the BSE Sensex are ONGC and ITC.
In the meantime, NSE Nifty is at 15,836 (up 0.5%). COAL INDIA (up 4.6%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 33,957 to 52,627, registering a gain of 18,670 points (up 54.85%).
ADANI POWER net profit declined 58.9% YoY to Rs 3 billion for the quarter ended December 2020, compared to a loss of Rs 7 billion a year ago. Net Sales rose 4.9% to Rs 68.9 billion during the period as against Rs 65.7 billion in October-December 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 1018.1x.>
What else is happening in the markets today? Dig in...
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