The counter has had a total traded volume of 7414 shares so far with a value of Rs 1.76 crore on the NSE. It traded at a price-to-earnings multiple of 518.17 and a price-to-book ratio of 97.81.
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 expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 83.06 per cent during the past one year, while the 30-share index advanced 8.64 per cent during the same period.
Adani Total Gas Ltd. belongs to the Gas Distribution industry.
Promoters held 37.4 per cent stake in the company as of 31-Mar-2022, while overseas investors and domestic institutional investors ownership stood at 17.83 per cent and 0.03 per cent, respectively.
The firm reported consolidated net sales of Rs 1022.2 crore for the quarter ended 31-Mar-2022, up 14.68 per cent from the previous quarter’s Rs 891.33 crore and up 69.33 per cent from the year-ago quarter’s Rs 603.66 crore.
Profit for the latest quarter stood at Rs 81.09 crore, down 43.58 per cent from the same quarter a year ago.