Adani Enterprises Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2397.4, down 0.37% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.23% on the day, quoting at 19626.35. The Sensex is at 65681.41, down 0.3%.Adani Enterprises Ltd has eased around 2.95% in last one month.Meanwhile, Nifty Media index of which Adani Enterprises Ltd is a constituent, has eased around 0.74% in last one month and is currently quoting at 6863.4, down 1.02% on the day. The volume in the stock stood at 8.14 lakh shares today, compared to the daily average of 14.48 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 2409.6, down 0.03% on the day. Adani Enterprises Ltd tumbled 28.59% in last one year as compared to a 11.74% rally in NIFTY and a 17.09% spurt in the Nifty Media index.

The PE of the stock is 150.71 based on TTM earnings ending June 23.