Earlier in the day, the stock saw a gap down opening.
At the prevailing price, the stock traded at 6.98 times its trailing 12-month EPS of Rs 38.13 per share and 4.5 times its book value, as per BSE data.
A total of 187,746 shares changed hands on the counter till 11:42AM (IST). The stock commands a market value of Rs 102652.43 crore and is part of the Power Generation - Thermal industry.
The scrip has been an underperformer , down 16.34 per cent in the past one year in comparison with a 12.78 per cent gain in Sensex.
During the day, the stock moved between Rs 276.4 and Rs 272.45.
Promoter/FII Holding
Promoters held 46.64 per cent in the company as of 31-Mar-2023. FII and MF ownership in Adani Power Ltd. stood at 11.95 per cent and 0.04 per cent, respectively.
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