Shares of Adani Green Energy Ltd NSE -0.61 %. traded 0.54 per cent down at Rs 2350.2 at 01:34PM (IST) on Thursday, even as BSE benchmark Sensex dropped 216.5 points to 59240.28.
The scrip had settled at Rs 2363.0 in the previous session. The stock quoted a 52-week high price of Rs 3048.0 and 52-week low of Rs 1106.0, respectively. As per BSE data, total traded volume on the counter till 01:34PM (IST) stood at 41297 shares with a turnover of Rs 9.67 crore.
At the current price, shares of the company traded at 768.19 times its trailing 12-month earnings per share of Rs 3.06 per share and 251.5 times its price-to-book value, exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.