Adani Transmission shares up 0.63% as Nifty gains
The stock quoted a 52-week high price of Rs 4238.55 and low of Rs 1474.0.
By ETMarkets.com |
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Shares of Adani Transmission Ltd. rose 0.63 per cent to Rs 4049.15 in Tuesday's trade. It hit an intraday high of Rs 4120.0 and low of Rs 4044.05, respectively, during the day.
The stock quoted a 52-week high price of Rs 4238.55 and low of Rs 1474.0.
As of 11:58AM (IST), the counter saw total traded volume of 5,762 shares with a traded value of Rs 2.34 crore, according to NSE.
The stock had closed at Rs 4023.7 in the previous session.
The scrip has advanced 11.2 per cent in the past one month till date, while the benchmark BSE Sensex has gained 0.72 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 466.09 while price-to-book ratio stood at 38.05. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Power - Transmission industry.
Promoter/FII Holding
Promoters held 65.4 per cent stake in the company as of 31-Mar-2022, while FII and MF ownership in the firm stood at 20.01 per cent and 0.15 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 3249.74 crore for the quarter ended 30-Jun-2022, up 2.67 per cent from the previous quarter's Rs 3165.35 crore and up 10.7 per cent from the year-ago quarter's Rs 2935.72 crore. Its net profit for the latest quarter stood at Rs 185.99 crore, down 57.28 per cent from the same quarter a year ago.
The stock quoted a 52-week high price of Rs 4238.55 and low of Rs 1474.0.
As of 11:58AM (IST), the counter saw total traded volume of 5,762 shares with a traded value of Rs 2.34 crore, according to NSE.
The stock had closed at Rs 4023.7 in the previous session.
The scrip has advanced 11.2 per cent in the past one month till date, while the benchmark BSE Sensex has gained 0.72 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 466.09 while price-to-book ratio stood at 38.05. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
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The stock belongs to the Power - Transmission industry.
Promoter/FII Holding
Promoters held 65.4 per cent stake in the company as of 31-Mar-2022, while FII and MF ownership in the firm stood at 20.01 per cent and 0.15 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 3249.74 crore for the quarter ended 30-Jun-2022, up 2.67 per cent from the previous quarter's Rs 3165.35 crore and up 10.7 per cent from the year-ago quarter's Rs 2935.72 crore. Its net profit for the latest quarter stood at Rs 185.99 crore, down 57.28 per cent from the same quarter a year ago.
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