AgenciesThe counter has had a total traded volume of 196819 shares so far with a value of Rs 4.75 crore on the NSE. It traded at a price-to-earnings multiple of 8.65 and a price-to-book ratio of 2.47.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 5.6 per cent during the past one year, while the 30-share index advanced 13.86 per cent during the same period.
Adani Power Ltd. belongs to the Power Generation - Thermal industry.
Promotor/FII Holding
Promoters held 46.64 per cent stake in the company as of 31-Mar-2023, while overseas investors and domestic institutional investors ownership stood at 11.7 per cent and 0.01 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 10795.32 crore for the quarter ended 31-Mar-2023, up 30.22 per cent from the previous quarter's Rs 8290.21 crore and up 18.88 per cent from the year-ago quarter's Rs 13307.92 crore.
Profit for the latest quarter stood at Rs 5242.48 crore, up 12.85 per cent from the same quarter a year ago.
Thursday, 11 May, 2023- Front Page
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