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    Adani Power shares decline 1.02% as Sensex climbs

    Synopsis

    A total of 72,943 shares changed hands on the counter till 01:27PM (IST)

    tech view 2Shutterstock.com
    RSI has turned north from the 60 level, confirming bullishness.
    Shares of the Adani Power Ltd. traded at Rs 272.2 on BSE at 01:27PM (IST) on Monday, down 1.02 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 98.0 and a high of Rs 432.8.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 72,943 lakh shares changed hands on the counter till 01:27PM (IST).

    The stock of Adani Power Ltd. commands a market value of Rs 105005.16 crore.

    The stock traded at a price-to-earning (P/E) multiple of 10.16, while the price-to-book value ratio stood at 13.0. Return on equity (ROE) was at 89.48 per cent, according to exchange data.

    In the BSE500 pack, 244 stocks traded in the green, while 257 stocks were in the red.

    Promotor Holding
    Promoters held 74.97 per cent in the Adani Power Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 12.88 per cent and 0.0 per cent, respectively.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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