Adani Ent. shares drop 0.97% as Sensex falls

Adani Ent. shares drop 0.97% as Sensex falls
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Synopsis

A total of 28,851 shares changed hands on the counter till 12:23PM (IST)

Analysts see 15,900 to continue to pose as the immediate resistance.
Shares of the Adani Enterprises Ltd. traded at Rs 1766.7 on BSE at 12:23PM (IST) on Friday, down 0.97 per cent. The stock quoted a 52-week low price of Rs 645.5 and a high of Rs 1908.55.

Earlier in the day, the stock saw a gap down opening.

At the prevailing price, the stock traded at 191.2 times its trailing 12-month EPS of Rs 9.23 per share and 6.61 times its book value, as per BSE data.

A total of 28,851 shares changed hands on the counter till 12:23PM (IST). The stock commands a market value of Rs 194001.0 crore and is part of the Diversified industry.

The scrip has been an outperformer , up 168.19 per cent in the past one year in comparison with a 20.13 per cent gain in Sensex.

During the day, the stock moved between Rs 1775.1 and Rs 1743.7.

Promoter/FII Holding
Promoters held 66.33 per cent in the company as of 31-Dec-2021. FII and MF ownership in Adani Enterprises Ltd. stood at 17.25 per cent and 1.81 per cent, respectively.

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