Adani Power is currently trading at Rs. 41.85, up by 0.90 points or 2.20% from its previous closing of Rs. 40.95 on the BSE.
The scrip opened at Rs. 40.30 and has touched a high and low of Rs. 42.30 and Rs. 39.55 respectively. So far 7,82,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.70 on 22-Feb-2012 and a 52 week low of Rs. 36.80 on 30-Aug-2012.
Last one week high and low of the scrip stood at Rs. 43.00 and Rs. 39.10 respectively. The current market cap of the company is Rs. 9,123.00 crore.
The promoters holding in the company stood at 76.63% while Institutions and Non-Institutions held 10.10% and 13.27% respectively.
Adani Power, a subsidiary of Adani Enterprises and part of the Adani Group, a global integrated infrastructure player, has received carbon credits under the Clean Development Mechanism (CDM) of the United Nations Framework Convention on Climate Change (UNFCCC) for its phase III of its 4,620 MW power plant located in Mundra at Gujarat, consisting of two units of 660 MW each.
This achievement makes the Mundra plant the world’s first coal fired power project to receive carbon credits. With this measure, the plant is expected to generate about 1.8 million Certified Emission Reductions (CERs) each year. The company is expected to earn Rs 600 crore by trading these carbon credits during the first 10 years of its operations.
Adani Power has been established to carry on the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.
| Company Name | CMP |
|---|---|
| NTPC | 364.50 |
| Tata Power | 432.80 |
| Power Grid Corp | 317.55 |
| Adani Power | 679.60 |
| Torrent Power | 1452.00 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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