The shares of Adani Enterprises Ltd. traded down 0.75% in Tuesday’s 12:38 am (IST) session. The action opened at Rs 1,715.0 and hit an intraday high and low of Rs 1,727.55 and Rs 1,682.8, respectively, during the session so far.

The stock traded a 52-week high of Rs 1,788.0 and a 52-week low of 409.8. About 37,749 stocks have changed hands on the counter so far.

The benchmark Nifty50 was down 39.1 points to 17,329.15, while the BSE Sensex was trading down 116.56 points to 58,166.86 at the time of writing.

In the Nifty pack, 23 shares traded during the day in the green, while 27 were in the red.

Key financial data

For the quarter ended Sep 30, 2021, the company reported consolidated sales of Rs 13,597.1 crore, up 6.81% from Rs 12,730.63 crore in the previous quarter and 46.01% from the previous quarter. in the quarter of the previous year. The company reported a net profit of Rs 212.41 crore for the last quarter.


Promoter’s holdings

Promoters held 74.92% of the company’s capital as of September 30, 2021, while FIIs held 18.05% and MFs 1.64%.

Techniques

On technical charts, the stock’s 200-day moving average (DMA) stood at Rs 1,390.29 on December 14, while the 50-DMA was at Rs 1,613.79. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading well below 50-DMA and 200-DMA, it is considered a downtrend and if it is trading between these averages, it suggests that the stock may go into the both directions.


Source link