{"id":6908,"date":"2023-10-12T09:02:25","date_gmt":"2023-10-12T09:02:25","guid":{"rendered":"https:\/\/demo5.dedicatedhost247.com\/zexo\/adani-power-shares-drop-0-37-as-sensex-falls\/"},"modified":"2023-10-12T09:02:25","modified_gmt":"2023-10-12T09:02:25","slug":"adani-power-shares-drop-0-37-as-sensex-falls","status":"publish","type":"post","link":"https:\/\/demo5.dedicatedhost247.com\/zexo\/adani-power-shares-drop-0-37-as-sensex-falls\/","title":{"rendered":"Adani Power shares  drop  0.37% as Sensex  falls"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div data-brcount=\"16\">Shares of <a href=\"https:\/\/economictimes.indiatimes.com\/adani-power-ltd.\/stocks\/companyid-23479.cms\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" rel=\"noopener\">Adani Power Ltd.<\/a> traded 0.37 per cent lower in Thursday&#8217;s session at 01:55PM (IST). The stock opened at Rs 350.5 and has touched an intraday high and low of Rs 353.95 and Rs 347.25, respectively, during the session so far. <\/p>\n<p>The stock quoted a 52-week high of Rs 410.0 and a 52-week low of 132.55. About 297,438 shares changed hands on the counter so far. <\/p>\n<p> Benchmark Nifty50 was down 5.85 points at 19805.5, while the BSE <a data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\" rel=\"noopener\">Sensex<\/a> traded 26.89 points lower at 66446.16 at the time of writing of this report. <\/p>\n<p>In the <a data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\" rel=\"noopener\">Nifty<\/a> pack, 27 stocks traded the day in the green, while 23 were in the red. <\/p>\n<p><b> Key Financials <\/b> <\/p>\n<p> For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 18109.01 crore, up 67.75 per cent from the previous quarter&#8217;s Rs 10795.32 crore and up 16.76 per cent from the year-ago quarter. The company reported net profit of Rs 8759.42 crore for the latest quarter. <\/p>\n<p> <b> Promoter Holdings <\/b> <br \/> Promoters held 74.97 per cent stake in the company as of 31-Mar-2023, while FIIs held 11.7 per cent and MFs 0.01 per cent. <\/p>\n<p> <b>Technicals<\/b> <br \/> On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 256.7 on October 12, while the 50-DMA was at Rs 337.3. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.<\/div>\n<div>(What&#8217;s moving <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\">Sensex<\/a> and  <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\">Nifty<\/a>  Track  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\">latest market news<\/a>,  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/recos\">stock tips<\/a> and  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/expert-view\">expert advice<\/a> on  <a href=\"https:\/\/economictimes.indiatimes.com\/markets\">ETMarkets<\/a>.  Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, <a rel=\"nofollow noopener\" href=\"https:\/\/t.me\/joinchat\/J60pKE7SOStsj5sI8nDmHQ\" target=\"_blank\">subscribe to our Telegram feeds<\/a>.) <\/p>\n<p>Download <a rel=\"nofollow noopener\" href=\"https:\/\/etapp.onelink.me\/tOvY\/feefac97\" target=\"_blank\">The Economic Times News App<\/a> to get Daily Market Updates &amp; Live Business News.<\/p>\n<p> Top Trending Stocks: <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-nifty-stock-market-updates-12-october-2023\/liveblog\/104355764.cms\">Sensex Today Live<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/state-bank-of-india\/stocks\/companyid-11984.cms\">SBI Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/axis-bank-ltd\/stocks\/companyid-9175.cms\">Axis Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/hdfc-bank-ltd\/stocks\/companyid-9195.cms\">HDFC Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/infosys-ltd\/stocks\/companyid-10960.cms\">Infosys Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/wipro-ltd\/stocks\/companyid-12799.cms\">Wipro Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/ntpc-ltd\/stocks\/companyid-12316.cms\">NTPC Share Price<\/a><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Shares of Adani Power Ltd. traded 0.37 per cent lower in Thursday&#8217;s session at 01:55PM (IST). The stock opened at Rs 350.5 and has touched an intraday high and low of Rs 353.95 and Rs 347.25, respectively, during the session so far. The stock quoted a 52-week high of Rs 410.0 and a 52-week low [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[50],"tags":[4016,3873,10442,10443,544,2029,703,281,542,1121,546,571,698],"jetpack_featured_media_url":"https:\/\/img.etimg.com\/thumb\/msid-83791939,width-1200,height-630,imgsize-992893,overlay-etmarkets\/photo.jpg","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/6908"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=6908"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/6908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/6909"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=6908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=6908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=6908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}