STOCK MARKET

Share of AGEL Rise to 5.7%

Picture Source: Internet

Adani Green Energy Ltd (AGEL) shares are quoted at Rs 2024.75, up 5.7% on the NSE. The stock is up 10.32% in 2022, compared to a 2.27% jump in Nifty and a 2.71% jump in the Nifty Auto index.

Adani Green Energy Ltd is up for a third straight session on January 16 2023. The stock is quoting at Rs 2024.75, up 5.7% on the NSE. The benchmark Nifty is down around 0.36% daily, with 17,892.75. The Sensex is at 60,105.38, down 0.26%. AGEL dropped around 1.81% in December 2022.

Meanwhile, the Nifty Auto index to which Adani Green Energy Ltd belongs has lost about 2.68% in December 2022 and is currently quoted at 25,862.55, up 0.02%. Volume in the stock was 24.02 lakh shares, compared with the 748,000-share daily average for the previous month.

Based on TTM earnings, the PE of the stock is 0 based as on September 2022.

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