Share price of Adani Power as Sensex drops 470.87 points
Adani Power Ltd. 1.53 per cent to Rs 537.10 at 09:59AM (IST) in Tuesday's trade. The counter has hit a high of Rs 537.50 and low of Rs 525.00 so far during the session. The stock had closed at Rs 529.00 in the previous session.
The counter has had a total traded volume of 144579 shares so far with a value of Rs 7.67 crore on the NSE. It traded at a price-to-earnings multiple of 16.19 and a price-to-book ratio of 5.78.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip 0.01 per cent during the past one year, while the 30-share index advanced 21.5 per cent during the same period.
Stock Trading
Stock Valuation Made Easy
By — Rounak Gouti, Investment commentary writer, Experience in equity research
Stock Trading
RSI Made Easy: RSI Trading Course
By — Souradeep Dey, Equity and Commodity Trader, Trainer
Stock Trading
Market 103: Mastering Trends with RMI and Techno-Funda Insights
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Macroeconomics Made Easy: Online Certification Course
By — Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant
Stock Trading
A2Z of Stock Trading — Online Stock Trading Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Algo Trading Made Easy
By — Vivek Gadodia, Partner at
