Adani Power Share Price: Share price of Adani Power as Sensex gains 150.18 points
Share price of Adani Power Ltd. 1.04 per cent to Rs 538.55 at 01:30PM (IST) in Wednesday’s trade. The counter hit a high of Rs 548.35 and low of Rs 535.00 so far during the session. The stock had closed at Rs 544.25 in the previous session.
The counter had a total traded volume of 01:30PM shares so far with a turnover of Rs 35.25 crore on BSE. The stock traded at a price-to-earnings multiple of 16.32 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…
