Adani Enterprises Ltd soars 2.65%, up for third straight session

Adani Enterprises Ltd is quoting at Rs 1437.3, up 2.65% on the day as on 12:54 IST on the NSE. The stock is up 720.14% in last one year as compared to a 42.81% gain in NIFTY and a 171.57% gain in the Nifty Metal index.

Jul 30, 2021 01:07 IST capital market

Adani Enterprises Ltd rose for a third straight session today. The stock is quoting at Rs 1437.3, up 2.65% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 15813.9. The Sensex is at 52743.73, up 0.17%. Adani Enterprises Ltd has dropped around 3.55% in last one month.

Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has dropped around 11.98% in last one month and is currently quoting at 5810.75, up 0.35% on the day. The volume in the stock stood at 29.8 lakh shares today, compared to the daily average of 46.36 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 1440.4, up 2.61% on the day. Adani Enterprises Ltd is up 720.14% in last one year as compared to a 42.81% gain in NIFTY and a 171.57% gain in the Nifty Metal index.

The PE of the stock is 309.36 based on TTM earnings ending March 21.

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