Adani Power shares drop 0.44% as Sensex rises

economictimes.indiatimes.com:

Adani Power Ltd. traded 0.44 per cent down at Rs 692.0 at 02:10PM (IST) on Monday, even as BSE benchmark Sensex gained 282.46 points to 79988.37. The stock had settled at Rs 695.1 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 896.75 and Rs 274.65, respectively.

As per BSE data, total traded volume on the counter till 02:10PM (IST) stood at 02:10PM shares with turnover at Rs 90.36 crore.
At the current price, the stock trades at 15.54 times its trailing 12-month earnings per share of Rs 41.44 per share and 5.78 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 2.84.
Shareholding Details Promoters held 72.71 per cent stake in the company as of 30-Jun-2024, while FIIs owned 14.73 per cent and DIIs 1.42 per cent.