As of January 16, 2025, Adani Enterprises Limited (ADANIENT) is trading at ₹2,388.15 on the National Stock Exchange (NSE), reflecting a 0.32% increase over the previous day.
Recent Performance:
- 52-Week Range: The stock has fluctuated between a high of ₹3,744 and a low of ₹2,025 over the past year. Screener
- 12-Month Performance: Over the last 12 months, the share price has declined by approximately 22.95%.
Analyst Projections:
- 12-Month Target: Analysts have set a median price target of ₹4,255, with estimates ranging from ₹3,800 to ₹4,710.
Valuation Metrics:
- Price-to-Earnings (P/E) Ratio: The stock’s P/E ratio is 48.8, indicating a premium valuation compared to the industry average P/E of 37.92.
- Price-to-Book (P/B) Ratio: The P/B ratio stands at 5.96, suggesting a higher valuation relative to its book value.
Dividend Information:
- Dividend Yield: Adani Enterprises offers a modest dividend yield of 0.05%, with a current year dividend of ₹1.00 per share.
Financial Highlights:
- Market Capitalization: The company’s market cap is approximately ₹2,74,943 crore.
- Return on Equity (ROE): The ROE is 13.21%, reflecting efficient utilization of shareholder funds.
- Debt-to-Equity Ratio: The debt-to-equity ratio is 1.92, indicating significant leverage.
Shareholding Pattern:
- Promoter Holdings: Promoters have pledged 0.24% of shares in the last quarter, with the total pledge standing at 0.90% of promoter holdings.
Recent Developments:
- Hindenburg Research Closure: The disbandment of Hindenburg Research, a U.S. short-selling firm known for its critical reports on Adani Group, has positively impacted investor sentiment, contributing to the recent stabilization in stock prices.
Considerations:
While Adani Enterprises has demonstrated robust financial metrics, the high valuation ratios suggest that the stock is trading at a premium. The recent closure of Hindenburg Research may alleviate some market concerns, potentially influencing future stock performance. Investors should conduct comprehensive research, considering both market conditions and company-specific developments, before making investment decisions.
