NEW DELHI: Shares of . traded up 0.59% in Wednesday trade at 10:56 a.m. (IST). Approximately 46,418 shares changed hands over the counter.

The stock opened at Rs 3443.4 and touched an intraday high and low of Rs 3470.05 and Rs 3420.45, respectively, during the session so far. Shares of Adani Enterprises Ltd. quoted a 52-week high of Rs 3470.05 and a 52-week low of Rs 1344.6.

According to BSE, the total market capitalization of Adani Enterprises Ltd. stood at Rs 393,562.59 crore at the time of writing.




Key financial data

The company reported consolidated net sales of Rs 41,066.43 crores for the quarter ended June 30, 2022, up by 63.34% from Rs 25,141.56 crores in the previous quarter and up by 222.58% from from Rs 12,730.63 crores in the prior year quarter.

Net profit for the last quarter stood at Rs 469.46 crore, up 72.94% from the corresponding quarter last year.

Ownership model

As of March 31, 2022, domestic institutional investors held 1.79% of the company’s capital, while foreign institutional investors held 15.83% and promoters 63.99%.

Valuation coefficient

According to BSE data, the stock was trading at a P/E multiple of 403.84 and a price-to-book ratio of 10.26. A higher P/E ratio shows that investors are willing to pay a higher price due to better expectations for future growth. The price-to-book ratio indicates the intrinsic value of a company and is the measure of the price that investors are willing to pay even without growth of the company.

Adani Enterprises Ltd. belongs to the Diversified sector.