Adani Power shares decline 1.03% as Sensex climbs

Shares of the Adani Power Ltd. traded at Rs 637.5 on BSE at 01:15PM (IST) on Friday, down 1.

03 per cent from previous close. The stock quoted a 52-week low price of Rs 289.3 and a high of Rs 896.



75. Earlier, shares of the company saw a gap up opening in the morning. A total of 91,872 lakh shares changed hands on the counter till 01:15PM (IST).

The stock of Adani Power Ltd. commands a market value of Rs 245995.57 crore.

The stock traded at a price-to-earning (P/E) multiple of 15.39, while the price-to-book value ratio stood at 5.78.

Return on equity (ROE) was at 58.53 per cent, according to exchange data. In the BSE500 pack, 336 stocks traded in the green, while 163 stocks were in the red.

Promotor Holding Promoters held 72.71 per cent in the Adani Power Ltd . as of 30-Jun-2024 while foreign and domestic institutional investors owned 14.

73 per cent and 1.42 per cent, respectively. (You can now subscribe to our ETMarkets WhatsApp channel ).