Adani Green Share Price: Share price of Adani Green jumps as Sensex gains 145.13 points

Share price of . gained 0.37 per cent to Rs 2092.1 at 12:49PM (IST) in Thursday’s trade. The counter hit a high of Rs 2104.9 and low of Rs 2061.05 so far during the session. The stock had closed at Rs 2084.4 in the previous session.

The counter had a total traded volume of 12:49PM shares so far with a turnover of Rs 12.82 crore on BSE. The stock traded at a price-to-earnings multiple of 667.86 and a price-to-book ratio of 251.5.

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 is the measure of the price that investors are ready to pay even for no growth in the business.

Adani Green Energy Ltd. belongs to the Power Generation – Solar industry.

Promotor/FII Holding

Promoters held 61.27 per cent stake in the company as of 31-Mar-2022, while FIIs and domestic institutional investors ownership stood at 16.53 per cent and 0.79 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 1587.0 crore for the quarter ended 31-Mar-2022, up 7.89 per cent from the previous quarter’s Rs 1471.0 crore and up 46.67 per cent from the year-ago quarter’s Rs 1082.0 crore.

Its profit for the latest quarter stood at Rs 121.0 crore, up 15.24 per cent from the same quarter a year ago.