Adani Power share price up 0.97 per cent
A total of 753,325 shares changed hands on the counter till 11:57AM (IST).
Shares of traded 0.97 per cent up at Rs 601.0 at around 11:57AM (IST) on Monday. The stock had closed at Rs 595.2 in the previous session. Equity benchmark traded 511.3 points lower at 73733.6 around the same time. The scrip has climbed 217.32 per cent in the last one year till date, while the 30-share index has gained 23.23 per cent during the same period.
The stock's 52-week high price stood at Rs 647.0 and the 52-week low price at Rs 185.1.
Trading volume on the counter stood at 753,325 shares, while it quoted a price-to-earnings ratio of 9.94, an EPS value of 60.5 and a price-to-book value of 4.5. In the Nifty50 pack, 8 stocks traded in the green, while 42 stocks were in the red.
Promoter/FII Holding
Promoters held 71.75 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and mutual funds' ownership stood at 15.91 per cent and 1.39 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 13355.27 crore, down 10.58 per cent from the previous quarter's Rs 14935.68 crore and down 61.1 per cent from the year-ago quarter's Rs 8290.21 crore. The company reported net profit of Rs 2737.96 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 647.0 and the 52-week low price at Rs 185.1.
Trading volume on the counter stood at 753,325 shares, while it quoted a price-to-earnings ratio of 9.94, an EPS value of 60.5 and a price-to-book value of 4.5. In the Nifty50 pack, 8 stocks traded in the green, while 42 stocks were in the red.
Promoter/FII Holding
Promoters held 71.75 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and mutual funds' ownership stood at 15.91 per cent and 1.39 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 13355.27 crore, down 10.58 per cent from the previous quarter's Rs 14935.68 crore and down 61.1 per cent from the year-ago quarter's Rs 8290.21 crore. The company reported net profit of Rs 2737.96 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
