NEW DELHI: Shares of Adani Enterprises Ltd. traded 1.88 per cent up in Friday's trade at 10:36AM (IST). Around 102,667 shares changed hands on the counter.
The counter opened at Rs 1399.0 and touched an intraday high and low of Rs 1428.25 and Rs 1377.1, 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 309.8.
Total market cap of the Adani Enterprises Ltd. stood at Rs 155744.11 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 13597.1 crore for the quarter ended 30-Sep-2021, up 6.81 per cent from previous quarter's Rs 12730.63 crore and up 46.01 per cent from the year-ago quarter's Rs 9312.14 crore.
The net profit for latest quarter stood at Rs 212.41 crore, down 41.38 per cent from the same quarter a year ago.
As of 30-Sep-2021, DIIs held 1.64 per cent stake in the firm, while foreign institutional investors held 18.05 per cent and the promoters 74.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 153.5 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.
The counter opened at Rs 1399.0 and touched an intraday high and low of Rs 1428.25 and Rs 1377.1, 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 309.8.
Total market cap of the Adani Enterprises Ltd. stood at Rs 155744.11 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 13597.1 crore for the quarter ended 30-Sep-2021, up 6.81 per cent from previous quarter's Rs 12730.63 crore and up 46.01 per cent from the year-ago quarter's Rs 9312.14 crore.
The net profit for latest quarter stood at Rs 212.41 crore, down 41.38 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2021, DIIs held 1.64 per cent stake in the firm, while foreign institutional investors held 18.05 per cent and the promoters 74.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 153.5 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.
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