Share price of Adani Transmission falls as Sensex drops 76.02 points
Promoters held 65.4 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 20.01 per cent and 0.15 per cent, respectively.
By ETMarkets.com |
Reuters
The share price of Adani Transmission Ltd. dropped 1.59 per cent to Rs 3389.95 at 12:38PM (IST) in Wednesday's trade. The stock has hit a high of Rs 3499.0 and low of Rs 3369.8 so far during the session. The stock had closed at Rs 3444.75 in the previous session.
The counter has had a total traded volume of 6810 shares so far with a value of Rs 2.32 crore on the NSE. It traded at a price-to-earnings multiple of 396.63 and a price-to-book ratio of 38.05.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 255.34 per cent during the past one year, while the 30-share index advanced 8.24 per cent during the same period.
Adani Transmission Ltd. belongs to the Power - Transmission industry.
Promotor/FII Holding
Promoters held 65.4 per cent stake in the company as of 31-Mar-2022, while foreign investors and domestic institutional investors ownership stood at 20.01 per cent and 0.15 per cent, respectively.
Key Financials
The firm reported consolidated net 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.
Profit for the latest quarter stood at Rs 185.99 crore, down 57.28 per cent from the same quarter a year ago.
The counter has had a total traded volume of 6810 shares so far with a value of Rs 2.32 crore on the NSE. It traded at a price-to-earnings multiple of 396.63 and a price-to-book ratio of 38.05.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 255.34 per cent during the past one year, while the 30-share index advanced 8.24 per cent during the same period.
Adani Transmission Ltd. belongs to the Power - Transmission industry.
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Promotor/FII Holding
Promoters held 65.4 per cent stake in the company as of 31-Mar-2022, while foreign investors and domestic institutional investors ownership stood at 20.01 per cent and 0.15 per cent, respectively.
Key Financials
The firm reported consolidated net 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.
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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