Introduction
Hello friends, welcome back to our new and amazing article. As you all know, the beginning of the year 2023 was not good for the Adani Group. After the Hidenberg Report, there was a significant drop in the shares of Adani Group companies, which also affected Gautam Adani’s net worth. However, the Adani Group’s shares have seen a recovery.
About Adani Power Limited
Today, we are going to talk about Adani Power Limited, a company that has doubled its investors’ money in the last 6 months. Yes, you heard it right. The company’s shares have given a return of over 100% in the last 6 months. So, if you want to know the name of the company and its share returns, read this article till the end.
Share Performance of Adani Power Limited
6 Months Double Money: Adani Power Limited has doubled its investors’ money in the last 6 months. The share price of the company was ₹139.35 six months ago and is currently trading at ₹324. The shares of the company have given a return of over 132% to its investors.
Share History
The current price of Adani Power Limited is ₹324. The 52-week high and low of the share are ₹418.85 and ₹132.40, respectively. In the last year, the share has given a negative return of 13% to the investors. However, in the last 6 months, it has provided a return of over 132%.
Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | ₹ 1,25,370 Cr. |
| Current Price | ₹ 325 |
| High / Low | ₹ 420 / 132 |
| Stock P/E | 8.52 |
| Book Value | ₹ 76.8 |
| Dividend Yield | 0.00 % |
| ROCE | 15.8 % |
| ROE | 44.0 % |
| Face Value | ₹ 10.0 |
| Sales | ₹ 36,056 Cr. |
| Debt | ₹ 42,181 Cr. |
| Sales growth | 3.41 % |
| Profit after tax | ₹ 14,706 Cr. |
| Return over 3 years | 101 % |
| Debt to equity | 1.40 |
| Return on equity | 44.0 % |
| Promoter holding | 75.0 % |
| EVEBITDA | 9.51 |
| Industry PE | 32.6 |
| Profit Variation in 3 years | 120 % |
| Sales growth in 3 years | 13.6 % |
Disclaimer: This article is for educational and entertainment purposes only. We are not SEBI registered financial advisors and do not provide any investment or financial advisory services. Please consult a registered financial advisor for your financial investments.
