Share price of Adani Transmission rises as Nifty strengthens

Shares of Adani Transmission Ltd. gained 3.36 per cent to Rs 3178.9 in Tuesday's trade as of 10:05AM (IST).

The stock hit a high price of Rs 3185.45 and low of Rs 3100.9 during the session.

The return on equity (ROE) for the stock stood at 17.56 per cent. Traded volume on the counter stood at 10:05AM shares and turnover at Rs 3.65 crore around that time.


The stock of Adani Transmission Ltd. quoted a 52-week high and 52-week low prices of Rs 4238.55 and Rs 1650.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.36.

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

Key Financials
The company reported consolidated sales of Rs 3249.74 crore for the quarter ended 30-Jun-2022, up 2.67 per cent from previous quarter's Rs 3165.35 crore and up 10.7 per cent from the year-ago quarter's Rs 2935.72 crore.

Net profit after tax for the latest quarter stood at Rs 185.99 crore, down 57.28 per cent from the same quarter a year ago.