ADANI POWER share price has zoomed 5% and is presently trading at Rs 35.
Meanwhile, the BSE POWER Index is at 1,922 (down 0.9%).
Among the top Gainers in the BSE POWER Index today is ADANI POWER (up 5.3%).
PTC INDIA LTD (down 0.2%) and SIEMENS (down 0.3%) are among the top losers today.
Over the last one year, ADANI POWER has moved up from Rs 30 to Rs 35, registering a gain of Rs 5 (up 14.9%).
On the other hand, the BSE POWER has moved down from 2,328 to 1,922, loss of 406 points (down 18.0%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 14.9%).
Get Details: First Stock to Potentially Accumulate Rs 7 Crore Long-term Wealth
The BSE Sensex is at 33,777 (down 0.7%).
The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 2.6%), RELIANCE IND. (up 1.7%) and BAJAJ AUTO (up 1.7%). Other gainers include HERO MOTOCORP (up 1.4%) and HDFC (up 1.3%). The most traded stocks in the BSE Sensex are TATA MOTORS and VEDANTA LTD.
In the meantime, NSE Nifty is at 10,129 (down 0.7%). UPL LIMITED (up 3.6%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 33,042 to 33,777, registering a gain of 735 points (up 1.2%).
ADANI POWER net profit declined 36.1% YoY to Rs 8 billion for the quarter ended June 2018, compared to a loss of Rs 13 billion a year ago. Net Sales declined 20.9% to Rs 38.3 billion during the period as against Rs 48.4 billion in April-June 2017.
For the year ended March 2017, ADANI POWER reported 480.8% decrease in net profit to Rs 21.0 billion compared to net profit of Rs 5.5 billion during FY16.
Revenue of the company grew 10.8% to Rs 228 billion during FY17.
The current Price to earnings ratio of ADANI POWER, based on rolling 12 month earnings, stands at down 5.4x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off today and ended deep in the red.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
ICICI LOMBARD GENERAL INSURANCE share price is trading down by 5% and its current market price is Rs 1,479. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are ICICI LOMBARD GENERAL INSURANCE (down 5.2%) and BAJAJ FINSERV (down 6.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "ADANI POWER Surges by 5%; BSE POWER Index Down 0.9%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!