Adani Power is currently trading at Rs 73.70, up by 0.85 points or 1.17% from its previous closing of Rs 72.85 on the BSE.
The scrip opened at Rs 73.00 and has touched a high and low of Rs 73.75 and Rs 72.00 respectively. So far 29463 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 139.80 on 01-Dec-2010 and a 52 week low of Rs 70.30 on 18-Nov-2011.
Last one week high and low of the scrip stood at Rs 75.00 and Rs 71.05 respectively. The current market cap of the company is Rs 15881.56 crore.
The promoters holding in the company stood at 73.50% while Institutions and Non-Institutions held 11.22% and 15.28% respectively.
Adani Power is planning to augment its capacity to 5,500 MW from present 3,300 MW by March next year and 10,000 MW by March 2013. However, the company did not reveal the details on its capacity expansion plans.
Further, the company has applied for linkages. Some of the linkages have been approved, some have been pending. Earlier, the power producer was expecting to have operational capacity of about 6,000 MW this fiscal, out of the planned 16,500 MW capacity under development.
The company’s net profit for the second quarter surged 41.04% at Rs 177.48 crore as compared to Rs 125.84 crore for the corresponding quarter of the previous year. The company’s total income increased by 171.55% at Rs 1073.08 crore for the second quarter of the current fiscal from Rs 395.17 crore for the corresponding quarter of the previous year.
The result of the quarter include a non time charge of Rs 55.83 crore, under exceptional items, towards mark-to-market (MTM) loss on derivative instruments.
| Company Name | CMP |
|---|---|
| NTPC | 365.70 |
| Tata Power | 413.55 |
| Power Grid Corp | 337.00 |
| Adani Power | 460.75 |
| Torrent Power | 1517.70 |
| View more.. | |
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