ReutersNEW DELHI: Shares of Adani Power Ltd. traded 0.22 per cent down in Tuesday's trade at 12:51PM (IST). Around 480,249 shares changed hands on the counter.
The scrip opened at Rs 272.05 and touched an intraday high and low of Rs 274.5 and Rs 269.5, respectively, in the session so far. The stock of Adani Power Ltd. quoted a 52-week high of Rs 432.8 and a 52-week low of Rs 132.55.
As per BSE, the total market cap of the Adani Power Ltd. stood at Rs 104542.33 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 10795.32 crore for the quarter ended 31-Mar-2023, up 30.22 per cent from previous quarter's Rs 8290.21 crore and up 18.88 per cent from the year-ago quarter's Rs 13307.92 crore.
The net profit for latest quarter stood at Rs 5242.48 crore, up 12.85 per cent from the corresponding quarter last year.
As of 31-Mar-2023, domestic institutional investors held 0.01 per cent stake in the company, while foreign institutional investors held 11.7 per cent and the promoters 46.64 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 9.75 and a price-to-book ratio of 2.47. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Adani Power Ltd. belongs to the Power Generation - Thermal industry.
The scrip opened at Rs 272.05 and touched an intraday high and low of Rs 274.5 and Rs 269.5, respectively, in the session so far. The stock of Adani Power Ltd. quoted a 52-week high of Rs 432.8 and a 52-week low of Rs 132.55.
As per BSE, the total market cap of the Adani Power Ltd. stood at Rs 104542.33 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 10795.32 crore for the quarter ended 31-Mar-2023, up 30.22 per cent from previous quarter's Rs 8290.21 crore and up 18.88 per cent from the year-ago quarter's Rs 13307.92 crore.
The net profit for latest quarter stood at Rs 5242.48 crore, up 12.85 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2023, domestic institutional investors held 0.01 per cent stake in the company, while foreign institutional investors held 11.7 per cent and the promoters 46.64 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 9.75 and a price-to-book ratio of 2.47. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Adani Power Ltd. belongs to the Power Generation - Thermal industry.
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