Hot Pursuit     26-Dec-23
Adani Enterprises Ltd up for third consecutive session
Adani Enterprises Ltd is quoting at Rs 2860.2, up 1.85% on the day as on 12:49 IST on the NSE. The stock is down 24.13% in last one year as compared to a 18.18% jump in NIFTY and a 16.62% jump in the Nifty Metal index.

Adani Enterprises Ltd is up for a third straight session today. The stock is quoting at Rs 2860.2, up 1.85% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 21428.9. The Sensex is at 71339.72, up 0.33%. Adani Enterprises Ltd has gained around 18.02% in last one month.

Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has gained around 10.5% in last one month and is currently quoting at 7652.65, up 1.1% on the day. The volume in the stock stood at 13.99 lakh shares today, compared to the daily average of 59.06 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 2861.75, up 1.64% on the day. Adani Enterprises Ltd is down 24.13% in last one year as compared to a 18.18% jump in NIFTY and a 16.62% jump in the Nifty Metal index.

The PE of the stock is 151.51 based on TTM earnings ending September 23.

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