Share price of Adani Transmission falls as Sensex drops 805.55 points

The share price of Adani Transmission Ltd. dropped 1.55 per cent to Rs 3939.05 at 12:38PM (IST) in Friday's trade. The stock has hit a high of Rs 4035.0 and low of Rs 3925.55 so far during the session. The stock had closed at Rs 4001.05 in the previous session.

The counter has had a total traded volume of 9323 shares so far with a value of Rs 3.69 crore on the NSE. It traded at a price-to-earnings multiple of 454.58 and a price-to-book ratio of 38.05.

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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 154.4 per cent during the past one year, while the 30-share index slipped -1.19 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 overseas investors and domestic institutional investors ownership stood at 20.01 per cent and 0.15 per cent, respectively.

Key Financials
The company 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.