Adani Power Share Price: Share price of Adani Power as Sensex drops 171.75 points
Share price of Adani Power Ltd. 1.4 per cent to Rs 440.55 at 02:12PM (IST) in Tuesday’s trade. The stock hit a high of Rs 455.65 and low of Rs 433.25 so far during the session. The stock had closed at Rs 446.85 in the previous session.
The counter had a total traded volume of 02:12PM shares so far with a turnover of Rs 72.25 crore on BSE. The stock traded at a price-to-earnings multiple of 13.24 and a price-to-book ratio of 5.78.
A higher P/E 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…
