Adani Transmission stock price up 0.66 per cent as Sensex slides

As of 31-Mar-2022, promoters held 65.4 per cent stake in the company, while FIIs held 20.01 per cent and domestic institutional investors had 0.15 per cent.

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India 10-year bond yield declined 0.40 per cent to 5.98 after trading in 5.98 -6.04 range.
Shares of Adani Transmission Ltd. rose 0.66 per cent to Rs 3775.0 at 10:30AM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 9,413 shares with a turnover of Rs 3.48 crore till 10:30AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 435.13, while the price-to-book value ratio stood at 38.05.

Return on equity (ROE) was at 17.56 per cent, according to exchange data. The stock hit an intraday high of Rs 3786.2 and a low of Rs 3564.2 during the session and quoted a 52-week high price of Rs 3786.2 and a 52-week low of Rs 1296.75.


The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.36.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 2339.37 on August 29, while the 50-DMA was at Rs 2960.44. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
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The Relative Strength Index (RSI) of the stood at 73.49. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2022, promoters held 74.92 per cent stake in the company, while overseas investors held 20.57 per cent and domestic institutional investors had 3.22 per cent.
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