On NSE, Adani Transmission Ltd (ATL) quoted Rs 2,730.15, up 0.19%. The company’s stock is up 33.62% in 2022 compared to a 1.23% spurt in Nifty and a 3.89% spurt in Nifty Auto.

• United Spirits Gets Relief As FSSAI Revokes Two Orders
• Zydus Gets USFDA Nod For Ascorbic Acid Injection
• Puravankara Rises After Rs 175 Crore Chennai Hotel Order
• Zodiac Energy Gains After Winning UP Solar Plant Order
• Delhi Master Plan 2047 Notified With Major Overhaul

On January 18, ATL is up for a fifth straight session. The stock is quoted at Rs 2730.15, up 0.19%. The benchmark Nifty is up around 0.58% on the day, quoting 18,158.5. The Sensex is at 6,1024.69, up 0.61%. Adani Transmission Ltd rose around 1.9% in December 2022.

Meanwhile, the Nifty Auto index of Adani Transmission Ltd has risen around 1.14% in December 2022 and is currently at 26,331.1, down 0.21%. The volume in the stock stood at 1.95 lakh shares compared to the daily average of 6.24 lakh shares in the previous month.

Based on TTM earnings, the PE of the stock was 0 at the end of September 2022.