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The scrip opened at Rs 2080.05 and touched an intraday high and low of Rs 2119.95 and Rs 2071.6, respectively, in the session so far. Shares of the company of Adani Transmission Ltd. quoted a 52-week high of Rs 3000.0 and a 52-week low of Rs 860.5.
Total market cap of the Adani Transmission Ltd. stood at Rs 229456.84 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3165.35 crore for the quarter ended 31-Mar-2022, up 2.6 per cent from previous quarter’s Rs 3085.2 crore and up 10.08 per cent from the year-ago quarter’s Rs 2875.6 crore.
The net profit for latest quarter stood at Rs 229.59 crore, down 3.7 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2022, DIIs held 0.15 per cent stake in the company, while foreign institutional investors held 20.57 per cent and the promoters 74.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 190.36 and a price-to-book ratio of 26.32. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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 Transmission Ltd. belongs to the Power – Transmission industry.
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