SSPL Securities Private Limited

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Adani Transmission Ltd stays supported

26-Mar-20 13:05 Hrs IST

Adani Transmission Ltd rose for a third straight session today. The stock is quoting at Rs 194.8, up 2.31% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 4.83% on the day, quoting at 8719.2. The Sensex is at 30053.01, up 5.32%. Adani Transmission Ltd has dropped around 23.14% in last one month.

Meanwhile, Nifty Energy index of which Adani Transmission Ltd is a constituent, has dropped around 24.87% in last one month and is currently quoting at 10558.5, up 0.11% on the day. The volume in the stock stood at 1.06 lakh shares today, compared to the daily average of 4.34 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending December 19.

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