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Adani Power shares rise 2.73% as Sensex climbs

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March 27, 2024
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Adani Power shares  rise  2.73% as Sensex  climbs
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Shares of the Adani Power Ltd. traded at Rs 536.2 on BSE at 10:10AM (IST) on Wednesday, up 2.73 per cent from previous close.

The stock quoted a 52-week low price of Rs 166.25 and a high of Rs 589.3.

Earlier, the stock saw a gap up opening in the morning.

A total of 55,142 lakh shares changed hands on the counter till 10:10AM (IST).

The stock of Adani Power Ltd. commands a market value of Rs 207561.17 crore.

The stock traded at a price-to-earning (P/E) multiple of 8.9, 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, 340 stocks traded in the green, while 159 stocks were in the red. Promotor Holding
Promoters held 71.75 per cent in the Adani Power Ltd. as of 31-Dec-2023 while foreign and domestic institutional investors owned 15.86 per cent and 1.18 per cent, respectively.

Tags: AdaniAdani Poweradani power ltdAdani Power Share PriceBSEclimbsNiftynsePowerrisesensexsharesStocks in news
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