NEW DELHI: Shares of . traded 0.76 per cent down in Friday’s trade at 11:16AM (IST). Around 37,453 shares changed hands on the counter.

The stock opened at Rs 1798.95 and touched an intraday high and low of Rs 1813.9 and Rs 1785.7, respectively, in the session so far. The stock of Adani Green Energy Ltd. quoted a 52-week high of Rs 3048.0 and a 52-week low of Rs 860.2.

Total market cap of the Adani Green Energy Ltd. stood at Rs 281835.37 crore at the time of writing this report.

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 previous quarter’s Rs 1471.0 crore and up 46.67 per cent from the year-ago quarter’s Rs 1082.0 crore.

The net profit for latest quarter stood at Rs 121.0 crore, up 15.24 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Mar-2022, domestic institutional investors held 0.14 per cent stake in the firm, while foreign institutional investors held 16.53 per cent and the promoters 61.27 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 576.35 and a price-to-book ratio of 114.57. 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 Green Energy Ltd. belongs to the Power Generation – Solar industry.


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