NEW DELHI: The shares of Adani Enterprises Ltd. traded 1.23% lower Monday at 1:05 p.m. (IST). About 17,518 shares changed hands at the box office.

The action opened at Rs 1469.0 and hit an intraday high and low of Rs 1469.0 and Rs 1451.6, respectively, during the session so far. The share of Adani Enterprises Ltd. Quoted a 52-week high of Rs 1,718.45 and a 52-week low of Rs 257.45.

According to the BSE, the total market capitalization of Adani Enterprises Ltd. stood at Rs 161,584.1 crore at the time of writing.

Key financial data

The company reported consolidated net 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% compared to Rs 5,502.02 crore for the quarter of the previous year.

Net profit for the last quarter stood at Rs 271.46 crore, up 811.25% from the corresponding quarter last year.

Shareholding model

As of June 30, 2021, domestic institutional investors held 0.82% of the company’s capital, while foreign institutional investors held 19.65% and promoters 66.33%.

Valuation ratio

According to BSE data, the stock traded at a P / E multiple of 138.75 and a price to book ratio of 6.61. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.

Adani Enterprises Ltd. belongs to the diverse industry.


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