ADANI POWER Surges by 5%; BSE POWER Index Up 0.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ADANI POWER Surges by 5%; BSE POWER Index Up 0.4%
Mon, 24 Jun 03:08 PM

ADANI POWER share price has zoomed 5% and is presently trading at Rs 50.

Meanwhile, the BSE POWER Index is at 2,024 (up 0.4%).

Among the top Gainers in the BSE POWER Index today are ADANI POWER (up 5.2%) and SUZLON ENERGY (up 10.3%).

ABB INDIA (down 0.1%) and GMR INFRA (down 0.3%) are among the top losers today.

Over the last one year, ADANI POWER has moved up from Rs 19 to Rs 50, registering a gain of Rs 32 (up 169.5%).

On the other hand, the BSE POWER has moved up from 1,988 to 2,024, registering a gain of 36 points (up 1.8%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 169.5%), ADANI TRANSMISSION (up 46.9%) and ABB INDIA (up 29.3%).

Revealed: How to Get Rich with Just 3 Stocks

What About the Benchmark Indices?

The BSE Sensex is at 39,300 (down 0.1%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 2.4%), COAL INDIA (up 1.3%) and M&M (up 1.1%). Other gainers include SBI (up 1.1%) and TATA MOTORS DVR (up 1.0%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 11,754 (down 0.2%). UPL (up 4.8%) and YES BANK (up 2.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,432 to 39,300, registering a gain of 3,868 points (up 10.5%).

ADANI POWER Financial Update...

ADANI POWER net profit declined 153.7% YoY to Rs 6 billion for the quarter ended March 2019, compared to a loss of Rs 12 billion a year ago. Net Sales rose 5.4% to Rs 67.2 billion during the period as against Rs 63.8 billion in January-March 2018.

For the year ended March 2018, ADANI POWER reported 0.3% decrease in net profit to Rs 20.9 billion compared to net profit of Rs 21.0 billion during FY17.

Revenue of the company grew 8.9% to Rs 206 billion during FY18.

The current Price to earnings ratio of ADANI POWER, based on rolling 12 month earnings, stands at down 19.7x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "ADANI POWER Surges by 5%; BSE POWER Index Up 0.4%". Click here!

  

Stock Market Updates

Indian Indices End Flat; Metal and Telecom Stocks Witness Buying (Today's Market)

Aug 5, 2020 Closing

Indian share markets continued to trade on a volatile note and ended on a flat note today. At the closing bell, the BSE Sensex stood lower by 24 points (down 0.1%).

CAPLIN POINT Share Price Up by 11%; BSE HEALTHCARE Index Up 0.0% (Today's Market)

Aug 5, 2020 03:34 PM

CAPLIN POINT share price is trading up by 11% and its current market price is Rs 587. The BSE HEALTHCARE is up by 0.0%. The top gainers in the BSE HEALTHCARE Index are CAPLIN POINT (up 10.6%) and STRIDES PHARMA SCIENCE (up 14.1%). The top losers are FORTIS HEALTHCARE (down 0.1%) and NATCO PHARMA (down 0.2%).

TATA STEEL Share Price Up by 7%; BSE METAL Index Up 4.1% (Today's Market)

Aug 5, 2020 03:34 PM

TATA STEEL share price is trading up by 7% and its current market price is Rs 398. The BSE METAL is up by 4.1%. The top gainers in the BSE METAL Index are TATA STEEL (up 6.5%) and HINDUSTAN ZINC (up 5.7%). The top losers is COAL INDIA (down 0.1%).

JAMNA AUTO Share Price Up by 10%; BSE 500 Index Up 0.2% (Today's Market)

Aug 5, 2020 02:52 PM

JAMNA AUTO share price is trading up by 10% and its current market price is Rs 31. The BSE 500 is up by 0.2%. The top gainers in the BSE 500 Index are JAMNA AUTO (up 10.0%) and GULF OIL LUBRICANTS (up 15.2%). The top losers are SHOPPERS STOP and PETRONET LNG .

TATA MOTORS Share Price Up by 5%; BSE AUTO Index Up 1.6% (Today's Market)

Aug 5, 2020 02:28 PM

TATA MOTORS share price is trading up by 5% and its current market price is Rs 117. The BSE AUTO is up by 1.6%. The top gainers in the BSE AUTO Index is TATA MOTORS (up 5.0%). The top losers are ASHOK LEYLAND (down 0.6%) and EXIDE INDUSTRIES (down 0.6%).

GULF OIL LUBRICANTS Share Price Up by 10%; BSE OIL & GAS Index Up 0.1% (Today's Market)

Aug 5, 2020 02:10 PM

GULF OIL LUBRICANTS share price is trading up by 10% and its current market price is Rs 628. The BSE OIL & GAS is up by 0.1%. The top gainers in the BSE OIL & GAS Index is GULF OIL LUBRICANTS (up 10.5%). The top losers are IOC (down 0.1%) and OIL INDIA (down 0.1%).

View More Indian Share Market News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

My Best Trading Ideas When Interest Rates Are So Low(Fast Profits Daily)

Jul 23, 2020

India's interest rates are lower than the inflation rate. Here are the best trades for this situation.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

Gold or Silver: Which One Should You Buy Now?(Fast Profits Daily)

Jul 24, 2020

Silver and gold are both vying for your attention. Which is the better trade today?

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Aug 5, 2020 03:37 PM

MARKET STATS