Adani Power shares  decline  1.94% as Sensex  slides

A total of 212,283 shares changed hands on the counter till 02:00PM (IST)

Shares of the traded at Rs 519.25 on at 02:00PM (IST) on Tuesday, down 1.94 per cent from previous close.

The stock quoted a 52-week low price of Rs 166.25 and a high of Rs 589.3.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 212,283 lakh shares changed hands on the counter till 02:00PM (IST).

The stock of commands a market value of Rs 200348.69 crore.

The stock traded at a price-to-earning (P/E) multiple of 8.59, while the price-to-book value ratio stood at 4.5. Return on equity (ROE) was at 65.35 per cent, according to exchange data.

In the BSE500 pack, 122 stocks traded in the green, while 378 stocks were in the red.

Promotor Holding
Promoters held 71.75 per cent in the . as of 31-Dec-2023 while overseas and domestic institutional investors owned 15.86 per cent and 1.18 per cent, respectively.

Source: Stocks-Markets-Economic Times

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