Adani Power Ltd is down for a fifth straight session today. The stock is quoting at Rs 614, down 1.89% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.8% on the day, quoting at 24772.15. The Sensex is at 81032.19, down 0.58%.Adani Power Ltd has lost around 5.78% in last one month.Meanwhile, Nifty Energy index of which Adani Power Ltd is a constituent, has eased around 2.94% in last one month and is currently quoting at 41304.65, down 0.48% on the day. The volume in the stock stood at 10.8 lakh shares today, compared to the daily average of 20.74 lakh shares in last one month.
The PE of the stock is 18.46 based on TTM earnings ending June 24.