Adani Energy Solutions Ltd spurts 1.71%, gains for third straight session

Adani Energy Solutions Ltd is up for a third straight session in a row. The stock is quoting at Rs 911.7, up 1.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 24825.3. The Sensex is at 80967.53, down 0.02%. Adani Energy Solutions Ltd has risen around 20.22% in last one month.

Meanwhile, Nifty Energy index of which Adani Energy Solutions Ltd is a constituent, has risen around 2.66% in last one month and is currently quoting at 35180.35, up 0.05% on the day. The volume in the stock stood at 7.06 lakh shares today, compared to the daily average of 25.63 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 915.3, up 1.41% on the day. Adani Energy Solutions Ltd is down 5.3% in last one year as compared to a 0.76% drop in NIFTY and a 16.36% drop in the Nifty Energy index.

The PE of the stock is 154.24 based on TTM earnings ending June 25.

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