Adani Power Share Price: Adani Power shares down 0.74% as Nifty gains

Shares of Adani Power Ltd. rose 0.74 per cent to Rs 636.95 in Monday’s trade. It hit an intraday high of Rs 645.65 and low of Rs 635.5, respectively, during the day.

The stock quoted a 52-week high price of Rs 896.75 and low of Rs 289.3.

As of 12:58PM (IST), the counter saw total traded volume of 46,405 shares with a traded value of Rs 2.97 crore, according to NSE.

The stock had closed at Rs 641.75 in the previous session.

The scrip has advanced 0.49 per cent in the past one month till date, while the benchmark BSE Sensex has gained 1.89 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 15.41 while price-to-book ratio stood at 5.78. A higher P/E ratio shows that…

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