Share price of Adani Ent. jumps as Sensex drops 267.91 points

Share price of Adani Enterprises Ltd. gained 0.38 per cent to Rs 2197.55 at 10:30AM (IST) in Monday's trade. The stock hit a high of Rs 2210.35 and low of Rs 2168.85 so far during the session. The stock had closed at Rs 2189.25 in the previous session.

The counter had a total traded volume of 10:30AM shares so far with a turnover of Rs 3.19 crore on BSE. The stock traded at a price-to-earnings multiple of 323.55 and a price-to-book ratio of 9.96.

A higher price-to-earnings 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 firm reported consolidated sales of Rs 25141.56 crore for the quarter ended 31-Mar-2022, up 32.58 per cent from the previous quarter's Rs 18963.4 crore and up 83.66 per cent from the year-ago quarter's Rs 13688.95 crore.

Its profit for the latest quarter stood at Rs 304.32 crore, up 30.08 per cent from the same quarter a year ago.