Adani Green shares drop 1.68% as Sensex falls

Adani Green shares drop 1.68% as Sensex falls
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Synopsis

A total of 24,920 shares changed hands on the counter till 12:38PM (IST)

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
Shares of the Adani Green Energy Ltd. traded at Rs 1798.25 on BSE at 12:38PM (IST) on Tuesday, down 1.68 per cent. The stock quoted a 52-week low price of Rs 860.2 and a high of Rs 2128.9.

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

At the prevailing price, the stock traded at 598.18 times its trailing 12-month EPS of Rs 3.02 per share and 200.6 times its book value, as per BSE data.

A total of 24,920 shares changed hands on the counter till 12:38PM (IST). The stock commands a market value of Rs 282938.0 crore and is part of the Power Generation - Solar industry.

The scrip has been an outperformer , up 50.19 per cent in the past one year in comparison with a 14.67 per cent gain in Sensex.

During the day, the stock moved between Rs 1849.0 and Rs 1790.0.

Promoter/FII Holding
Promoters held 54.92 per cent in the company as of 31-Dec-2021. FII and MF ownership in Adani Green Energy Ltd. stood at 16.59 per cent and 0.14 per cent, respectively.

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