The share price of Adani Enterprises Ltd. fell 2.3% to Rs 1,559.1 at 12:46 p.m. (IST) in Friday trading. The meter has reached a high of Rs 1,609.15 and a low of Rs 1,557.5 so far during the session. The stock had closed at Rs 1,595.85 in the previous session.

The meter had a total traded volume of 73,966 shares so far with a value of Rs 11.77 crore on the NSE. It traded at a price / earnings multiple of 147.96 and a price / book ratio of 6.61.

A higher price-to-earnings ratio shows that investors are willing to pay a higher price for the earnings per rupee given by the stock due to better expectations of future growth.

Price-to-book value indicates the intrinsic value of a business and reflects the price investors are willing to pay even if the business does not grow.

The script has gained 400.21 percent over the past year, while the 30-stock index has risen 50.14 percent over the same period.

Adani Enterprises Ltd. belongs to the diverse industry.


Promoter / FII Holding

Promoters held 66.33 percent of the company’s capital as of Sep 30, 2021, while foreign investors and domestic institutional investors held 18.05 percent and 1.64 percent respectively.

Key financial data

The company reported consolidated sales of Rs 12,730.63 crore for the quarter ended June 30, 2021, down 7.0% from Rs 13,688.95 crore in the previous quarter and down 131.38% from compared to Rs 5,502.02 crore for the quarter of the previous year.

Profit for the last quarter amounted to Rs 271.46 crore, up 811.25% from the same quarter a year ago.


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