Adani Enterprises Ltd fell for a fifth straight session today. The stock is quoting at Rs 2340, down 3.3% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 25576.5. The Sensex is at 83590.93, up 0.16%.Adani Enterprises Ltd has eased around 7.95% in last one month.Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has increased around 1.21% in last one month and is currently quoting at 10499.05, down 2.09% on the day. The volume in the stock stood at 13.56 lakh shares today, compared to the daily average of 8.27 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 2347.2, down 3.26% on the day. Adani Enterprises Ltd tumbled 21.21% in last one year as compared to a 5.69% rally in NIFTY and a 9.44% spurt in the Nifty Metal index.
The PE of the stock is 122.6 based on TTM earnings ending June 25.