Adani Power Share Price History from 2009 to 2023

In this article, you will find the details of Adani Power Share Price History. Additionally, we will provide important fundamental details about Adani Power Shares.

Adani Power Share Price History

In 2009, Adani Power embarked on its financial journey with its stock priced at ₹99.10. The company had a promising start, and by 2010, the stock surged to ₹130.10, marking a commendable 31.2% growth. Investors were hopeful, and the future seemed bright.

But the next few years proved challenging as unpredictable as the stock market is. By 2011, the stock took a sharp turn downwards, plummeting to ₹62.30, a significant drop of 52.2%. This downtrend continued with minor ebbs and flows, reaching its nadir in 2016 at ₹30.10.

However, like a phoenix rising from the ashes, Adani Power began to chart its comeback. The year 2017 marked the turning point, with the stock rebounding to ₹41.65, a healthy rise of 38.3%. This revival wasn’t short-lived; the subsequent years witnessed consistent growth, reaching ₹61.80 in 2019.

Although there was a minor setback in 2020, with the stock dipping to ₹49.70, the next two years showcased the company’s undeniable resilience. By 2022, Adani Power’s stock was soaring at ₹299.40, an astounding growth of 200.1%. As of 2023, the stock price stands confidently at ₹321.05, painting a story of determination, endurance, and ultimate triumph.

Also Read: SBI Share Price History from 1995

About Adani Power

Adani Power is a noteworthy name in India’s energy sector, forming a crucial part of the giant Adani Group. Established to address the country’s growing demand for electricity, the company has been pivotal in producing and supplying power to various parts of India. As one of the country’s largest private power producers, Adani Power has a diverse portfolio of thermal power plants and renewable energy ventures.

Their commitment goes beyond just power generation; they’re focused on ensuring energy is sustainable and eco-friendly. This dedication has led them to invest in cutting-edge technology and innovative solutions, setting them apart from many competitors in the industry.

Furthermore, as reflected in recent years, Adani Power’s journey in the stock market illustrates its capability to navigate market challenges. Starting with significant highs, enduring substantial lows, and then bouncing back with remarkable growth, the company showcases resilience and potential. This journey has not only gained the trust of numerous investors but has also highlighted the company’s strategic vision and adaptability.

Fundamentals of Adani Power

Here are some primary fundamental data about Adani Power (until 2023):

Market Capitalization: The company holds a massive market capitalization of ₹ 1,25,775 Cr. This denotes the overall market value of all its shares and is a testament to its size and prominence in the marketplace.

Current Stock Price: The company’s stock trades at ₹ 326. This price represents the market’s valuation of the company and is determined by several underlying factors like earnings, growth potential, and market sentiment.

52 Week High/Low: Over the past year, the company’s stock reached its pinnacle at ₹ 410, while it hit its lowest at ₹ 132. This range provides insights into the stock’s performance, volatility, and the confidence level of investors.

Stock P/E (Price-to-Earnings Ratio): The company’s stock has a P/E ratio of 8.54. This metric reveals the amount investors are willing to pay for every rupee of earnings. A relatively lower P/E may suggest the stock is undervalued or that investors have muted expectations about future growth.

Book Value: The company’s per-share book value stands at ₹ 76.8. When juxtaposed with the stock price, it translates to a Price-to-Book value of 4.24, suggesting that the market values the company at over four times its book value.

Dividend Yield: Currently, the company’s dividend yield is 0.00%, indicating that the company isn’t paying dividends to its shareholders, possibly reinvesting all profits back into the business.

ROCE (Return on Capital Employed): The company boasts a healthy ROCE of 15.8%, showcasing its efficiency in allocating capital towards profitable investments.

ROE (Return on Equity): With a high Return on Equity (ROE) of 44.0%, the company proves its prowess in generating substantial profit using the money shareholders have invested.

Face Value: Each company share has a face value of ₹ 10.0, representing its nominal worth.

EPS (Earnings Per Share): The company’s Earnings Per Share stands at ₹ 38.1. This metric provides a snapshot of the company’s profitability per share.

Debt: The company has accumulated a debt of ₹ 42,181 Cr. Comparing this to its equity gives us a Debt-to-Equity ratio of 1.40, indicating that for every rupee of equity, the company has ₹ 1.40 in debt.

Promoter Holding: A substantial 70.0% of the company is held by its promoters, reflecting their confidence and significant stake in its future trajectory.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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