Adani Green share price: Adani Green shares up 0.78% as Nifty falls
The stock listed a 52 week high of Rs 1,394.0 and a low of Rs 661.0.
At 10:20 a.m. (IST), the counter recorded a total traded volume of 7,880 shares with a traded value of Rs 0.98 crore, according to NSE.
The stock had closed at Rs 1221.6 in the previous session.
The script has gained 10.97% in the last month to date, while the benchmark BSE Sensex has gained 7.53% in the same period.
According to stock market data, the stock traded at a price / earnings (P / E) multiple of 498.67 while the price-to-book ratio stood at 200.6. A higher P / E ratio shows that investors are willing to pay a higher price for the earnings per rupee given by the stock due to better expectations of future growth. Price relative to book value indicates the intrinsic value of a business and reflects the price investors are willing to pay even when a business does not grow.
The stock belongs to the power generation industry – solar.
Promoter / FII Holding
The promoters held 54.92 percent of the company’s share capital as of June 30, 2021, while FII and MF’s stake in the company stood at 20.32 percent and 0.12 percent, respectively.
Key financial data
The company reported consolidated sales of Rs 1079.0 crore for the quarter ended Jun 30, 2021, down 0.28% from Rs 1082.0 crore in the previous quarter and down 22.87 % compared to Rs 878.14 crore in the quarter of last year. Its net profit for the last quarter stood at Rs 219.0 crore, up 1,033.54% from the same quarter a year ago.