Adani Green share price down 0.03 per cent

Shares of Adani Green Energy Ltd. traded 0.03 per cent up at Rs 1882.75 at around 12:22PM (IST) on Friday. The stock had closed at Rs 1883.25 in the previous session. Equity benchmark Sensex traded 210.41 points higher at 55674.8 around the same time.


The scrip has climbed 58.79 per cent in the last one year till date, while the 30-share index has gained 13.39 per cent during the same period.

The stock's 52-week high price stood at Rs 2128.9 and the 52-week low price at Rs 860.2.

Trading volume on the counter stood at 14,239 shares, while it quoted a price-to-earnings ratio of 623.95, an EPS value of 3.02 and a price-to-book value of 200.6. In the Nifty50 pack, 29 stocks traded in the green, while 21 stocks were in the red.

Promoter/FII Holding
Promoters held 61.27 per cent stake in the company as of 31-Dec-2021, while FII and mutual funds' ownership stood at 16.59 per cent and 0.14 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 1471.0 crore, up 4.25 per cent from the previous quarter's Rs 1411.0 crore and up 74.51 per cent from the year-ago quarter's Rs 842.92 crore. The company reported net profit of Rs 49.0 crore for the latest quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.