Hot Pursuit     17-May-22
Adani Enterprises Ltd rises for third straight session
Adani Enterprises Ltd is quoting at Rs 2150.55, up 2.12% on the day as on 12:49 IST on the NSE. The stock is up 62.1% in last one year as compared to a 6.97% jump in NIFTY and a 6.69% jump in the Nifty Metal index.

Adani Enterprises Ltd is up for a third straight session today. The stock is quoting at Rs 2150.55, up 2.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.01% on the day, quoting at 16160.4. The Sensex is at 53995.88, up 1.93%. Adani Enterprises Ltd has slipped around 3.73% in last one month.

Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has slipped around 15.05% in last one month and is currently quoting at 5359.95, up 5.38% on the day. The volume in the stock stood at 5.71 lakh shares today, compared to the daily average of 17.14 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 2144, up 1.81% on the day. Adani Enterprises Ltd is up 62.1% in last one year as compared to a 6.97% jump in NIFTY and a 6.69% jump in the Nifty Metal index.

The PE of the stock is 321.69 based on TTM earnings ending March 22.

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