Adani Enterprises Ltd
ADANIENTAdani Enterprises Ltd
ADANIENT


Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
72.86 | 6.11 | 0.05% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
43.01 | 6.20 | 0.63% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Adani Enterprises Limited is an infrastructure company with businesses spanning coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation, and transmission and gas distribution.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 35,143.76 | 37,355.10 | 36,565.79 | 41,579.22 | 44,414.69 | 40,290.93 | 70,432.69 | 1,28,754.81 | 98,282.74 | 1,02,395.18 | ||||||||||
Raw Materials | 28,195.81 | 30,945.16 | 30,771.08 | 33,821.40 | 34,350.20 | 29,791.08 | 57,651.32 | 93,814.06 | 51,507.72 | 87,011.78 | ||||||||||
Power & Fuel Cost | 7.50 | 7.42 | 2.91 | 5.74 | 12.22 | 13.40 | 58.98 | 18.42 | 26.46 | |||||||||||
Employee Cost | 527.92 | 510.67 | 568.31 | 656.40 | 682.48 | 829.31 | 1,180.56 | 1,877.18 | 2,330.95 | |||||||||||
Selling & Administrative Expenses | 1,359.08 | 1,005.50 | 928.94 | 1,231.40 | 1,955.37 | 1,307.53 | 2,413.92 | 8,137.18 | 8,274.87 | |||||||||||
Operating & Other expenses | 2,326.23 | 2,234.71 | 1,893.63 | 3,390.72 | 4,247.71 | 5,349.65 | 4,402.20 | 15,256.05 | 23,619.75 | |||||||||||
EBITDA | 2,727.22 | 2,651.64 | 2,400.92 | 2,473.56 | 3,166.71 | 2,999.96 | 4,725.71 | 9,651.92 | 12,522.99 | 15,383.40 | ||||||||||
Depreciation/Amortization | 314.45 | 315.46 | 663.92 | 389.77 | 472.06 | 537.14 | 1,247.78 | 2,436.14 | 3,042.15 | 3,786.39 | ||||||||||
PBIT | 2,412.77 | 2,336.18 | 1,737.00 | 2,083.79 | 2,694.65 | 2,462.82 | 3,477.93 | 7,215.78 | 9,480.84 | 11,597.01 | ||||||||||
Interest & Other Items | 1,356.99 | 1,257.31 | 1,250.17 | 1,625.07 | 1,572.32 | 1,376.85 | 2,525.88 | 3,968.90 | 4,554.70 | 5,694.26 | ||||||||||
PBT | 1,055.78 | 1,078.87 | 486.83 | 458.72 | 1,122.33 | 1,085.97 | 952.05 | 3,246.88 | 4,926.14 | 5,902.75 | ||||||||||
Taxes & Other Items | 45.06 | 91.13 | -270.42 | -258.42 | -15.84 | 163.33 | 175.49 | 782.90 | 1,686.59 | 2,198.09 | ||||||||||
Net Income | 1,010.72 | 987.74 | 757.25 | 717.14 | 1,138.17 | 922.64 | 776.56 | 2,463.98 | 3,239.55 | 3,704.66 | ||||||||||
EPS | 5.74 | 5.61 | 4.30 | 5.01 | 10.35 | 8.39 | 7.06 | 22.00 | 28.42 | 32.50 | ||||||||||
DPS | 0.25 | 0.25 | 0.25 | 0.40 | 1.00 | 1.00 | 1.00 | 1.20 | 1.30 | 1.30 | ||||||||||
Payout ratio | 0.04 | 0.04 | 0.06 | 0.08 | 0.10 | 0.12 | 0.14 | 0.05 | 0.05 | 0.04 |
Company Updates
Annual report
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Peers & Comparison
IndustrialsCommodities Trading
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Adani Enterprises Ltd | 83.33 | 6.11 | 0.05% |
MMTC Ltd | 52.07 | 6.16 | — |
MSTC Ltd | 19.87 | 4.57 | 2.69% |
Veritas (India) Ltd | 9.49 | 0.71 | 0.01% |
Price Comparison
Compare ADANIENT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Adani Enterprises Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.2092% | Percentage of the fund’s portfolio invested in the stock 2.24% | Change in the portfolio weight of the stock over the last 3 months 0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 12/98 (-2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.1441% | Percentage of the fund’s portfolio invested in the stock 1.54% | Change in the portfolio weight of the stock over the last 3 months -0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/225 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.1086% | Percentage of the fund’s portfolio invested in the stock 0.91% | Change in the portfolio weight of the stock over the last 3 months -0.32% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 12/251 (0) |
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Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
ADANIENT has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.05%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.55 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 14, 2024
Dividend/Share
₹1.30
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateJul 7, 2023
Dividend/Share
₹1.20
Ex DateEx Date
Jul 7, 2023
Cash Dividend
Ex DateEx DateJul 14, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Jul 14, 2022
Cash Dividend
Ex DateEx DateJul 1, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Jul 1, 2021
Cash Dividend
Ex DateEx DateMar 23, 2020
Dividend/Share
₹1.00
Ex DateEx Date
Mar 23, 2020
The domestic equity indices saw healthy gains on Thursday, extending their upward trend for the third consecutive session as investors look ahead to the Union Budget 2025, anticipating growth-supportive policies in line with fiscal prudence. Investors assessed the U.S. Federal Reserve's decision to keep interest rates unchanged at 4.25'4.5%. The Nifty ended near the 23,250 mark. The barometer index, the S&P BSE Sensex, rallied 226.85 points or 0.30% to 76,759.81. The Nifty 50 index added 86.40 points or 0.37% to 23,249.50. In three consecutive trading sessions, the Sensex and Nifty added by 1.85% and 1.84%, respectively. In the broader market, the S&P BSE Mid-Cap index shed 0.04% and the S&P BSE Small-Cap index rose 0.02%. The market breadth was strong. On the BSE, 2,139 shares rose and 1,808 shares fell. A total of 127 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 6.70% to 17.39. Among the sectoral indices, the Nifty Realty index (up 1.78%), the Nifty Oil & Gas index (up 1.55%) and the Nifty Healthcare index (up 1.29%) outperformed the Nifty 50 index. Meanwhile, the Nifty Consumer Durables index (down 1.84%), the Nifty Media index (down 1.21%) and the Nifty IT index (down 1.14%) underperformed the Nifty 50 index. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 0.04% to 6.794 as compared with the previous close of 6.791. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.6325, compared with its close of 86.5575 during the previous trading session. MCX Gold futures for 5 February 2025 settlement gained 0.78% to Rs 80,960. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.11% to 108.07. The United States 10-year bond yield fell 0.58% to 4.507. In the commodities market, Brent crude for March 2025 settlement declined 18 cents or 0.24% to $76.40 a barrel. Stocks in Spotlight: Adani Enterprises slipped 2.85% after the company's consolidated net profit tanked 96.93% to Rs 57.83 crore in Q3 FY25 as against Rs 1,888.45 crore reported in Q3 FY24. Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. Bajaj Finserv's consolidated net profit increased 3.4% to Rs 2,231 crore on a 10.34% rise in total income to Rs 32,041.81 crore in Q3 FY25 over Q3 FY24. Bharat Electronics (BEL) advanced 4.38% after the company's standalone net profit surged 47.33% to Rs 1,316.06 crore on 39.15% rise in revenue from operations to Rs 5,756.12 crore in Q3 FY25 over Q3 FY24. Tata Motors slipped 7.37% after its consolidated net profit declined 22.41% to Rs 5,451 crore despite of 2.71% rise in revenue from operations to Rs 113,575 crore in Q3 FY25 over Q3 FY24. Adani Ports and Special Economic Zone (APSEZ) fell 1.86%. The company's consolidated net profit jumped 14.12% to Rs 2,520.26 crore on 15.07% rise in revenue from operations to Rs 7,963.55 crore in Q3 FY25 over Q3 FY24. Bajaj Finance rallied 2.36% after the company's consolidated net profit jumped 18% to Rs 4308 crore in Q3 FY25 as compared with Rs 3,639 crore in Q3 FY24. Net interest income (NII) increased 23% YoY to Rs 9,382 crore in Q3 FY25. Hitachi Energy India hit an upper circuit of 20% after the company's standalone net profit stood at Rs 137.28 crore in Q3 FY25, steeply higher than Rs 22.97 crore in Q3 FY24. Revenue from operations jumped 27.16% to Rs 1,620.27 crore in Q3 FY25 as compared with Rs 1,274.20 in Q3 FY24. Whirlpool of India hit the lower circuit of 20% after the company's parent, Whirlpool Corporation, announced its intention to sell a 20% stake in the company by mid-to-late 2025 by way of one or more market sales. SRF gained 5.76% after the specialty chemical maker's consolidated net profit rose 6.96% to Rs 271.08 crore on 14.36% increase in total revenue from operations to Rs 3,491.31 crore in Q3 FY25 over Q3 FY24. Info Edge (India) added 2.17% after the company informed that its board will meet on Wednesday, 5 February 2025, to consider the subdivide or split of its existing equity shares with a face value of Rs 10 each. Ifb Agro Industries rallied 6.17% after the company reported consolidated net profit of Rs 11.28 crore in Q3 FY25, compared with net loss of Rs 5.05 crore posted in Q3 FY24. Aarti Drugs advanced 2.42% after the pharmaceutical company's consolidated net profit rose 1.04% to Rs 37.05 crore in Q3 FY25, compared with Rs 36.67 crore recorded in Q3 FY24. Brigade Enterprises added 2.53% after the company reported a consolidated net profit of Rs 236.2 crore in Q3 FY25, which is more than 3 times the PAT of Rs 73.5 crore posted in Q3 FY24. Revenue rose by 27% YoY to Rs 1,529.7 crore during the period under review. Olectra Greentech soared 7.31% after the company's consolidated net profit rallied 71.68% to Rs 46.32 crore on 50.62% rise in revenue to Rs 515.36 crore in Q3 FY25 over Q3 FY24. Global Markets: The US Dow Jones index futures were currently up by 163 points, signaling a positive opening for US stocks today. European shares advanced on Thursday as investors await key earnings, economic data and the European Central Bank's latest monetary policy decision. Markets in Japan and Australia ended mixed, breaking ranks with Wall Street that fell overnight as the Federal Reserve kept interest rates unchanged. Several Asia-Pacific markets were closed for the Lunar New Year holiday. Recent data released by the Australian Bureau of Statistics showed that Australia's export price index climbed 3.6% in the fourth quarter of 2024, but fell 8.6% through the year. Its import price index rose 0.2% in the same quarter but fell 1.9% through the year. These indexes reflect the changes in prices of imports into and exports from the country. Overnight in the U.S., benchmark indexes fell after the Federal Reserve left interest rates unchanged in its first policy decision of the year on Wednesday. The S&P 500 slid 0.47% to close at 6,039.31, while the Nasdaq Composite lost 0.51% to end at 19,632.32. The Dow Jones Industrial Average shed 136.83 points, or 0.31%, to 44,713.52. IPO Update: The initial public offer (IPO) of Dr. Agarwals Health Care received bids for 2,11,22,360 shares as against 5,35,26,172 shares on offer, according to stock exchange data at 15:27 IST on 30 January 2025. The issue was subscribed to 0.06 times. The issue opened for bidding on 29 January 2025 and it will close on 31 January 2025. The price band of the IPO is fixed between Rs 382 and Rs 402 per share. An investor can bid for a minimum of 35 equity shares and in multiples thereof.Powered by Capital Market - Live
Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. EBIDTA for the quarter stood at Rs 3,716 crore, marginally down 0.18% from Rs 3,723 crore posted in Q3 FY24. Cash Accruals tumbled 59% YoY to Rs 2,679 crore in Q3 FY25. During the quarter, Adani Airports handled 22.7 million passengers, 15,23,000 air traffic movements (ATM) (up 5% YoY), and cargo stood at 2.5 lakh metric tons. In the Adani New Industries (ANIL) Ecosystem business, solar manufacturing module sales record 3.3 GW during nine months on the back of export growth of 20% and domestic sales increase of 176%. EBITDA margins continue to rise on account of improved realization and operational efficiency through integrated production of cell and module line. In the Data Center business, construction of the Noida Data Center completed around 99% of 50 MW of core & shell and 10 MW of MEP. Phase I of the Hyderabad data center is now operational, with a capacity of 9.6 MW. In Pune, Data Center I is 59% complete, and Data Center II is 73% complete for their respective Phase I (9.6MW). Under Adani Airports Holdings, the company added 14 new routes, 4 new airlines, and 9 new flights during the quarter. Additionally, Navi Mumbai Airport successfully conducted its first commercial flight validation test, moving closer to becoming fully operational. On a nine-month basis, the company's consolidated net profit jumped 16.62% to Rs 3,254.08 crore on 5.48% rise revenue from operations to Rs 70,928.89 crore in 9M FY25 over 9M FY24. EBIDTA for the 9MFY25 stood at Rs 12,377 crore, up 29% from Rs 9,591 crore posted in 9M FY24. This growth was driven by the continued strong operational performance of the ANIL ecosystem and airports. Gautam Adani, chairman, Adani Group, said, This exceptional nine-month performance underscores Adani Enterprises position as a powerhouse for nurturing transformative infrastructure and energy transition sectors. Strong growth across our incubating businesses, from energy transition to logistics and adjacencies, highlights the immense potential of our core plus portfolio. T These results are a testament to our focus on execution, operational excellence, innovation, and sustainability as we continue to set new benchmarks across sectors. With each milestone, AEL reaffirms its commitment to creating long-term value for its stakeholders while contributing to India's progress and global competitiveness. Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure. Powered by Capital Market - Live
Net profit of Adani Enterprises declined 96.94% to Rs 57.83 crore in the quarter ended December 2024 as against Rs 1888.45 crore during the previous quarter ended December 2023. Sales declined 8.79% to Rs 22848.42 crore in the quarter ended December 2024 as against Rs 25050.23 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales22848.4225050.23 -9 OPM %13.4412.88 - PBDT1581.213119.42 -49 PBT575.562359.56 -76 NP57.831888.45 -97 Powered by Capital Market - Live
Adani Enterprises will hold a meeting of the Board of Directors of the Company on 30 January 2025.Powered by Capital Market - Live
Adani Enterprises Ltd is up for a third straight session in a row. The stock is quoting at Rs 2428.3, up 1.68% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77056.18, up 0.43%. Adani Enterprises Ltd has dropped around 2.38% in last one month. Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has dropped around 8.65% in last one month and is currently quoting at 8280.95, up 1.43% on the day. The volume in the stock stood at 19.6 lakh shares today, compared to the daily average of 17.69 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 2444.45, up 2.31% on the day. Adani Enterprises Ltd is down 18.27% in last one year as compared to a 8.08% spurt in NIFTY and a 9.17% spurt in the Nifty Metal index.The PE of the stock is 100.78 based on TTM earnings ending September 24.Powered by Capital Market - Live
Adani Green Energy (up 6%) and NDTV (up 6%) surged the most. Following closely were Adani Power (up 5.7%) and Adani Enterprises (up 5.5%). Adani Total Gas (up 4%) and Ambuja Cements (up 4%) also saw significant gains. Adani Ports and Special Economic Zone (up 3.8%) and ACC (up 3.6%) rounded out the list with strong performances. Adani Energy Solutions (up 1.8%) experienced the least significant surge among the listed companies. In a personal note published on January 15th, Hindenburg founder Nate Anderson stated that the firm will complete its ongoing investigations, primarily focused on uncovering Ponzi schemes, before officially closing its doors. ' Hindenburg's research reports, published since 2023, had significantly impacted Adani Group, leading to substantial losses for the Indian billionaire. All allegations made by Hindenburg were vehemently denied by Adani and his companies. ' Anderson did not provide a specific reason for disbanding Hindenburg. His announcement comes shortly after a Republican Congressman on the House Judiciary Committee requested the Department of Justice to preserve documents related to the Adani Group investigations. ' In his note, Anderson praised his team's dedication and highlighted the impact of their work in exposing financial fraud, including charges against numerous high-profile individuals. He also announced plans to publicly share Hindenburg's research methodology, aiming to empower others to conduct their own investigations into financial misconduct. ' Anderson stated his intention to spend more time with family and support his team's future endeavors. Hindenburg Research has gained notoriety for its short-selling reports that often allege financial misconduct by publicly traded companies. Their investigations have significantly impacted the financial markets and contributed to regulatory actions against numerous companies and individuals. Powered by Capital Market - Live
Shares of Adani Enterprises (AEL) jumped 7.65% to Rs 2,593.45 while those of Adani Wilmar declined 0.17% to Rs 329.50 on the BSE. Adani Enterprises, Adani Commodities LLP (a wholly-owned subsidiary of AEL) and Lence Pte. (a wholly owned subsidiary of Wilmar International) have entered into an agreement on 30 December 2024, under which Lence will acquire all the paid-up equity shares of Adani Wilmar (AWL) held by ACL as at the date of exercise of the call option or put option, as the case maybe, in respect of a maximum of 31.06% of the existing paid up equity share capital of AWL. In addition, AEL will divest around 13% shares in Adani Wilmar to achieve compliance with minimum public shareholding requirements. Upon completion of these two transactions, AEL would completely exit its about 44% holding in Adani Wilmar. As on Friday, 27 December 2024, Adani Wilmar had market capitalization of Rs 42,785 crore (US$ 5.0 billion). AEL will use the proceeds from the sale to turbocharge its investments in the core infrastructure platforms in energy & utility, transport & logistics and other adjacencies in primary industry. AEL added that it will continue to invest in infrastructure sectors which will further strengthen its position as India's largest listed incubator of platforms playing the key macro themes underpinning India's growth story. Accordingly, the company has also executed the agreement and the directors nominated by ACL, i.e., Pranav V. Adani and Dr. Malay Mahadevia, shall resign from the board of directors of Adani Wilmar. Adani Wilmar is a provider of Edible Oil, Vanaspati, and Specialty Fats. The company offers soyabean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. The company is one of the largest FMCG companies in India. Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centred on the fields of airport management, technology parks, roads, data centre and water infrastructure. Powered by Capital Market - Live
Adani Enterprises (AEL), Adani Commodities LLP (ACL, a wholly-owned subsidiary of AEL) and Lence (a wholly-owned subsidiary of Wilmar International (Wilmar) have entered into an agreement on 30 December 2024 pursuant to which Lence will acquire all the paid-up equity shares of Adani Wilmar held by ACL as at the date of exercise of the call option or put option, as the case maybe, in respect of a maximum of 31.06% of the existing paid up equity share capital of AWL. In addition, it has been agreed between the parties that AEL will divest ~13% shares in Adani Wilmar to achieve compliance with minimum public shareholding requirements. It may be noted that with completion of these two legs, AEL would completely exit its ~44% holding in Adani Wilmar. As on Friday, 27 December 2024, Adani Wilmar had market capitalization of Rs 42,785 crore (US$ 5.0 billion). In consideration of the above, AEL's board of directors has adopted a resolution noting the resignation of ACL's nominee directors from the board of Adani Wilmar. The parties have agreed to take further steps for change of name of 'Adani Wilmar'. AEL will use the proceeds from the sale to turbocharge its investments in the core infrastructure platforms in energy & utility, transport & logistics and other adjacencies in primary industry. AEL will continue to invest in infrastructure sectors which will further strengthen AEL's position as India's largest listed incubator of platforms playing the key macro themes underpinning India's growth story.Powered by Capital Market - Live
Adani Enterprises announced that pursuant to the allotment of further equity shares by Jhar Mineral Resources, a wholly owned subsidiary company (JMRPL), the Company's stake in JMRPL has been diluted to 51%. Accordingly, effective today i.e. 27 December 2024, JMRPL will be a subsidiary (and not a wholly owned subsidiary) of the Company.Powered by Capital Market - Live
Adani Enterprises Ltd gained for a third straight session today. The stock is quoting at Rs 2429, up 1.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 23849.94921875. The Sensex is at 78785.09, up 0.4%. Adani Enterprises Ltd has slipped around 0.33% in last one month. Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has slipped around 2.19% in last one month and is currently quoting at 8805.25, down 0.42% on the day. The volume in the stock stood at 6.82 lakh shares today, compared to the daily average of 26.39 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 2442.05, up 0.99% on the day. Adani Enterprises Ltd is down 13.56% in last one year as compared to a 9.51% spurt in NIFTY and a 10.63% spurt in the Nifty Metal index.The PE of the stock is 101.47 based on TTM earnings ending September 24.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 18.77%, vs industry avg of 4.08%
Increasing Market Share
Over the last 5 years, market share increased from 35.63% to 68.36%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 35.2%, vs industry avg of 112.42%