Share price of Adani Gas falls as Sensex drops 192.46 points
The share price of Adani Total Gas Ltd. dropped 0.22 per cent to Rs 1781.0 at 10:15AM (IST) in Tuesday’s trade. The stock has hit a high of Rs 1824.05 and low of Rs 1776.0 so far during the session. The stock had closed at Rs 1784.85 in the previous session.
The counter has had a total traded volume of 630 shares so far with a value of Rs 0.11 crore on the NSE. It traded at a price-to-earnings multiple of 335.37 and a price-to-book ratio of 54.67.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth
