Adani Ent. shares drop 0.13% as Sensex rises

Shares of Adani Enterprises Ltd. traded 0.13 per cent down at Rs 2165.0 at 12:27PM (IST) on Wednesday, even as BSE benchmark Sensex gained 30.21 points to 55596.62. The scrip had closed at Rs 2167.75 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2420.0 and Rs 1201.1, respectively.

As per BSE data, total traded volume on the counter till 12:27PM (IST) stood at 12:27PM shares with turnover at Rs 10.28 crore.


At the current price, shares of the company trades at 317.98 times its trailing 12-month earnings per share of Rs 6.81 per share and 9.96 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 2.02.

Shareholding Details
Promoters held 74.92 per cent stake in the company as of 31-Mar-2022, while FIIs owned 16.62 per cent and DIIs 5.69 per cent.