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    Adani Power shares decline 1.39% as Sensex climbs

    Synopsis

    A total of 122,458 shares changed hands on the counter till 01:28PM (IST)

    Stock market-1200ThinkStock Photos
    Shares of the Adani Power Ltd. traded at Rs 240.7 on BSE at 01:28PM (IST) on Wednesday, down 1.39 per cent from previous close.

    The stock quoted a 52-week low price of Rs 132.55 and a high of Rs 432.8.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 122,458 lakh shares changed hands on the counter till 01:28PM (IST).

    The stock of Adani Power Ltd. commands a market value of Rs 92932.94 crore.

    The stock traded at a price-to-earning (P/E) multiple of 8.66, while the price-to-book value ratio stood at 4.5. Return on equity (ROE) was at 65.35 per cent, according to exchange data.

    In the BSE500 pack, 275 stocks traded in the green, while 226 stocks were in the red.

    Promotor Holding
    Promoters held 74.97 per cent in the Adani Power Ltd. as of 31-Mar-2023 while foreign and domestic institutional investors owned 11.7 per cent and 0.01 per cent, respectively.
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