Adani Green Energy Ltd spurts 2.78%, up for third straight session

Adani Green Energy Ltd rose for a third straight session today. The stock is quoting at Rs 1349.5, up 2.78% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.53% on the day, quoting at 22655.35. The Sensex is at 72805.99, down 0.36%. Adani Green Energy Ltd has added around 4.45% in last one month.

Meanwhile, Nifty Energy index of which Adani Green Energy Ltd is a constituent, has added around 3.36% in last one month and is currently quoting at 36915.75, down 0.28% on the day. The volume in the stock stood at 49.31 lakh shares today, compared to the daily average of 15.87 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1352.6, up 2.84% on the day. Adani Green Energy Ltd is up 29.13% in last one year as compared to a 9.55% fall in NIFTY and a 4.92% fall in the Nifty Energy index.

The PE of the stock is 315.81 based on TTM earnings ending June 26.

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