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Adani Enterprises extends recent slide

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Meanwhile, the BSE Sensex was down 83.98 points, or 0.44%, to 19,059.02

On BSE, 2.73 lakh shares were traded in the counter as against an average daily volume of 3.38 lakh shares in the past one quarter.

The stock hit a high of Rs 199 and low of Rs 182.65 so far during the day. The stock had hit a 52-week high of Rs 296.90 on 19 December 2012. The stock had hit a 52-week low of Rs 151.70 on 31 August 2012.

The stock underperformed the market over the past one month till 11 June 2013, declining 12.83% compared with the Sensex's 4.87% slide. The scrip also underperformed the market in past one quarter, falling 18.83% as against Sensex's 2.56% slide.

 

The large-cap company has an equity capital of Rs 109.98 crore. Face value per share is Re 1.

Shares of Adani Enterprises have lost 13.83% in four trading days from a recent high of Rs 215.15 on 6 June 2013.

Adani Enterprises consolidated net profit rose 53.1% to Rs 473.78 crore on 8.3% rise in net sales to Rs 11472.12 crore in Q4 March 2013 over Q4 March 2012.

Adani Enterprises is the flagship company of the Adani Group. The company is the largest private sector coal importer in India.

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First Published: Jun 12 2013 | 11:43 AM IST

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