Adani Power shares drop 1.72% as Sensex falls

6 months ago 51

Shares of the Adani Power Ltd. traded at Rs 607.25 on BSE at 01:44PM (IST) on Friday, down 1.72 per cent. The stock quoted a 52-week low price of Rs 185.1 and a high of Rs 647.0.

Earlier in the day, the stock saw a gap down opening.

At the prevailing price, the stock traded at 10.15 times its trailing 12-month EPS of Rs 60.5 per share and 4.5 times its book value, as per BSE data.

A total of 256,796 shares changed hands on the counter till 01:44PM (IST). The stock commands a market value of Rs 236873.91 crore and is part of the Power Generation - Thermal industry.

The scrip has been an outperformer , up 215.54 per cent in the past one year in comparison with a 24.36 per cent gain in Sensex.

During the day, the stock moved between Rs 615.0 and Rs 604.05.

Promoter/FII Holding
Promoters held 46.64 per cent in the company as of 31-Mar-2024. FII and MF ownership in Adani Power Ltd. stood at 15.91 per cent and 1.39 per cent, respectively.

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