Adani Green Share Price: Share price of Adani Green falls as Sensex drops 494.46 points

The share worth of Adani Inexperienced Power Ltd. dropped 2.37 per cent to Rs 2884.1 at 02:04PM (IST) in Wednesday’s commerce. The inventory has hit a excessive of Rs 2957.8 and low of Rs 2830.0 to date in the course of the session. The inventory had closed at Rs 2954.25 within the earlier session.

The counter has had a complete traded quantity of 70376 shares to date with a worth of Rs 20.28 crore on the NSE. It traded at a price-to-earnings a number of of 955.32 and a price-to-book ratio of 200.6.

A better P/E ratio exhibits traders are keen to pay the next worth for per rupee earnings given by the inventory due to higher future development expectations.

The value-to-book worth signifies the inherent worth of an organization and displays the value traders are keen to pay even for no development within the enterprise.

The scrip gained 173.57 per cent in the course of the previous one 12 months, whereas the 30-share index superior 17.11 per cent throughout the identical interval.

Adani Inexperienced Power Ltd. belongs to the Energy Era – Photo voltaic business.

Promotor/FII Holding

Promoters held 54.92 per cent stake within the firm as of 31-Mar-2022, whereas abroad traders and home institutional traders possession stood at 16.53 per cent and 0.14 per cent, respectively.

Key Financials

The corporate reported consolidated internet gross sales of Rs 1471.0 crore for the quarter ended 31-Dec-2021, up 4.25 per cent from the earlier quarter’s Rs 1411.0 crore and up 74.51 per cent from the year-ago quarter’s Rs 842.92 crore.

Revenue for the most recent quarter stood at Rs 49.0 crore, up 11.96 per cent from the identical quarter a 12 months in the past.