Shutterstock.comThe stock quoted a 52-week low price of Rs 122.0 and a high of Rs 432.8.
Earlier, the stock saw a gap down opening in the morning.
A total of 496,008 lakh shares changed hands on the counter till 10:00AM (IST).
The stock of Adani Power Ltd. commands a market value of Rs 80166.48 crore.
The stock traded at a price-to-earning (P/E) multiple of 7.91, while the price-to-book value ratio stood at 13.0. Return on equity (ROE) was at 89.48 per cent, according to exchange data.
In the BSE500 pack, 276 stocks traded in the green, while 225 stocks were in the red.
Promotor Holding
Promoters held 74.97 per cent in the Adani Power Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 12.88 per cent and 0.0 per cent, respectively.
Thursday, 23 Mar, 2023- Front Page
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Fed Hikes Rates by 25bps, Signals One More on CardsThe Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two US banks.
FM Calls State-owned Lenders’ Meet Amid Global Banking CrisisFinance minister Nirmala Sitharaman has called a special meeting of state-run lenders later this week to seek their views on heightened global concerns over the banking system’s vulnerability due to monetary tightening.
With Great Ecommerce Comes Great Responsibility for Online PlatformsThe consumer affairs ministry is working on tightening ecommerce rules to make online retail platforms liable for fraud committed by sellers and attaching “fallback liability” to their role as intermediaries, said a senior official.
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