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08-Feb2019

Adani Enterprises gains on the bourses

Adani Enterprises is currently trading at Rs. 124.40, up by 0.70 points or 0.57% from its previous closing of Rs. 123.70 on the BSE.

The scrip opened at Rs. 122.00 and has touched a high and low of Rs. 124.90 and Rs. 121.00 respectively. So far 152760 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 236.70 on 29-Aug-2018 and a 52 week low of Rs. 101.05 on 02-Jul-2018.

Last one week high and low of the scrip stood at Rs. 142.00 and Rs. 114.95 respectively. The current market cap of the company is Rs. 13604.65 crore.

The promoters holding in the company stood at 74.92% while Institutions and Non-Institutions held 22.15% and 2.93% respectively.

Adani Enterprises has reported a rise of 45.43% in its net profit at Rs 188.05 crore for the quarter ended December 31, 2018 as compared to Rs 129.31 crore for the same quarter in the previous year. Total income of the company increased by 78.40% at Rs 4,620.91 crore for Q3FY19 as compared Rs 2,590.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 73.68% in its net profit at Rs 92.25 crore for the quarter under review as compared to Rs 350.55 crore for the same quarter in the previous year. However, total income of the company increased by 11.44% at Rs 10,548.14 crore for Q3FY19 as compared Rs 9,465.55 crore for the corresponding quarter previous year.


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