
Shares of Adani Enterprises Ltd. rose 1.22 per cent to Rs 1666.45 in Tuesday's trade as of 12:07PM (IST) even as the benchmark Nifty ruled at 17180.55, up 268.3 points.
The scrip had closed at Rs 1646.3 in the previous session. The stock quoted a 52-week low of Rs 409.8 and a high of Rs 1788.0. The company quoted a market-cap of Rs 183118.38 crore on the BSE.
On BSE, 33,336 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 180.48 times its trailing 12-month EPS of Rs 9.23 per share and 6.61 times its book value. The return on equity (ROE) stood at Rs 5.37.
Key Financials
For the quarter ended 30-Sep-2021, Adani Enterprises Ltd. reported consolidated sales of Rs 13597.1 crore, up 46.01 per cent from the same quarter a year ago. The company reported 41.38 per cent YoY de-growth in net profit at Rs 212.41 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 1646.3 in the previous session. The stock quoted a 52-week low of Rs 409.8 and a high of Rs 1788.0. The company quoted a market-cap of Rs 183118.38 crore on the BSE.
On BSE, 33,336 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 180.48 times its trailing 12-month EPS of Rs 9.23 per share and 6.61 times its book value. The return on equity (ROE) stood at Rs 5.37.
Key Financials
For the quarter ended 30-Sep-2021, Adani Enterprises Ltd. reported consolidated sales of Rs 13597.1 crore, up 46.01 per cent from the same quarter a year ago. The company reported 41.38 per cent YoY de-growth in net profit at Rs 212.41 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by