Hot Pursuit     16-Sep-22
Adani Enterprises Ltd gains for fifth session
Adani Enterprises Ltd is quoting at Rs 3759.9, up 0.3% on the day as on 12:44 IST on the NSE. The stock is up 154% in last one year as compared to a 0.46% jump in NIFTY and a 9.15% jump in the Nifty Media.

Adani Enterprises Ltd is up for a fifth straight session today. The stock is quoting at Rs 3759.9, up 0.3% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.19% on the day, quoting at 17665.2. The Sensex is at 59259.57, down 1.13%. Adani Enterprises Ltd has gained around 24.97% in last one month.

Meanwhile, Nifty Media index of which Adani Enterprises Ltd is a constituent, has gained around 4.75% in last one month and is currently quoting at 6263.9, down 0.96% on the day. The volume in the stock stood at 31.43 lakh shares today, compared to the daily average of 31.19 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 3753.9, down 0.18% on the day. Adani Enterprises Ltd is up 154% in last one year as compared to a 0.46% jump in NIFTY and a 9.15% jump in the Nifty Media index.

The PE of the stock is 471 based on TTM earnings ending June 22.

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