Adani Power shares rise 0.47 per cent in Friday’s trading session

Shares of Adani Power Ltd. rose 0.47 per cent to Rs 255.35 in Friday’s trade as of 11:53AM (IST) even as the benchmark Nifty ruled at 18525.9, up 38.15 points.

The scrip had closed at Rs 254.15 in the previous session. The stock quoted a 52-week low of Rs 132.55 and a high of Rs 432.8. The company quoted a market-cap of Rs 98429.08 crore on the BSE.

On BSE, 201,916 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 9.18 times its trailing 12-month EPS of Rs 27.81 per share and 2.47 times its book value. The return on equity (ROE) stood at Rs 89.48.

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