Share price of Adani Transmission jumps as Sensex gains 764.45 points

The counter had a total traded volume of 11:16AM shares so far with a turnover of Rs 0.24 crore on BSE. The stock traded at a price-to-earnings multiple of 204.47 and a price-to-book ratio of 16.41.

A higher price-to-earnings 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 the business.

Adani Transmission Ltd. belongs to the Power – Transmission industry.

Promotor/FII Holding

Promoters held 74.92 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 20.8 per cent and 2.92 per cent, respectively.

Key Financials

The firm reported consolidated sales of Rs 3085.2 crore for the quarter ended 31-Dec-2021, up 15.33 per cent from the previous quarter’s Rs 2675.2 crore and up 12.84 per cent from the year-ago quarter’s Rs 2734.04 crore.

Its profit for the latest quarter stood at Rs 267.03 crore, down 32.45 per cent from the same quarter a year ago.