Share price of Adani Ent. falls as Sensex gains 319.48 points

Share price of Adani Enterprises Ltd. dropped 0.45 per cent to Rs 3342.05 at 12:07PM (IST) in Friday's trade. The counter hit a high of Rs 3380.25 and low of Rs 3337.75 so far during the session. The stock had closed at Rs 3357.3 in the previous session.

The counter had a total traded volume of 12:07PM shares so far with a turnover of Rs 12.39 crore on BSE. The stock traded at a price-to-earnings multiple of 391.56 and a price-to-book ratio of 10.26.

A higher P/E ratio shows 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 is the measure of the price that investors are ready to pay even for no growth in the business.

Adani Enterprises Ltd. belongs to the Diversified industry.

Promotor/FII Holding
Promoters held 74.92 per cent stake in the company as of 31-Mar-2022, while overseas investors and domestic institutional investors ownership stood at 16.62 per cent and 5.69 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 41066.43 crore for the quarter ended 30-Jun-2022, up 63.34 per cent from the previous quarter's Rs 25141.56 crore and up 222.58 per cent from the year-ago quarter's Rs 12730.63 crore.

Its profit for the latest quarter stood at Rs 469.46 crore, up 72.94 per cent from the same quarter a year ago.