Share price of Adani Transmission jumps as Sensex gains 110.72 points

Share price of Adani Transmission Ltd. gained 2.17 per cent to Rs 2071.15 at 10:20AM (IST) in Monday's trade. The scrip hit a high of Rs 2089.55 and low of Rs 2015.0 so far during the session. The stock had closed at Rs 2027.2 in the previous session.

The counter had a total traded volume of 10:20AM shares so far with a turnover of Rs 0.87 crore on BSE. The stock traded at a price-to-earnings multiple of 190.56 and a price-to-book ratio of 26.32.

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 Transmission Ltd. belongs to the Power - Transmission industry.

Promotor/FII Holding
Promoters held 74.92 per cent stake in the company as of 31-Mar-2022, while FIIs and domestic institutional investors ownership stood at 20.57 per cent and 3.22 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 3165.35 crore for the quarter ended 31-Mar-2022, up 2.6 per cent from the previous quarter's Rs 3085.2 crore and up 10.08 per cent from the year-ago quarter's Rs 2875.6 crore.

Its profit for the latest quarter stood at Rs 229.59 crore, down 3.7 per cent from the same quarter a year ago.