Shares of Adani Power fell 0.44% as Sensex rose

Shares of Adani Power Ltd fell 0.44 percent on Monday at 02:10PM (IST) to Rs. 692.0, even as the BSE benchmark Sensex rose 282.46 points to 79988.37. In the previous session, the share was Rs. was settled at 695.1.

Shares respectively Rs. 896.75 and Rs. It quoted a 52-week high and 52-week low of 274.65.

As per BSE data, the total traded volume over the counter till 02:10PM (IST) 02:10PM share turnover was Rs. 90.36 crores.

At the current price, the stock trades at 15.54 times its trailing 12-month earnings of Rs 41.44 per share and 5.78 times its price-to-book value, exchange data showed.

A high P/E ratio indicates that investors are willing to pay a high price for the stock today due to expectations of future growth. Price-to-book value indicates a company’s intrinsic value and is a measure of the price that investors are willing to pay even if the business is not growing.

The stock’s beta value, which measures its volatility relative to the broader market, stood at 2.84.

Shareholding details
Promoters held 72.71 per cent stake in the company as on 30-Jun-2024, while FIIs held 14.73 per cent and DIIs 1.42 per cent.