Shares of Adani Power are one of the multibagger stocks in 2022 that the Indian stock market has produced despite the global economy under pressure from inflation and a gloomy economy outlook. In YTD time, Adani Power share price has risen from approx. from 101 270 level on NSE, registering a growth of around 165 per cent in 2022. However, this multibagger Adani stock has a history of giving staggering returns to its shareholders. In the last four years, this share of Adani Group has climbed almost from 16 270, giving about 1600 percent return to its shareholders.
Adani Power Share Price History
This multibagger stock It is in consolidation phase since its arrival in June 2022. In the last one month, adani power share price has landed around from 340 270 level, a drop of about 20 percent over the period. In YTD time, this Adani Group stock has gained around 165 per cent, while in the last six months, this multibagger Adani stock has appreciated by around 165 per cent. from 100 270, giving about 170 percent return to its shareholders.
Similarly, the share price of Adani Power has risen from close to Rs. 108 to 270, providing for an increase of 135 percent in the share of its shareholders. Similarly, in the last four years, this multibagger stock has risen by almost from 16 270, registering an increase of about 1600 percent in this period.
impact on investment
Taking cues from the share price history of Adani Power, an investor had invested 1 lakh in this share of Adani Group a month ago, its would have turned into 1 lakh 80,000 while in YTD time, this would have changed 2.65 lakhs today. If an investor had invested 1 lakh in this share of Adani six months ago, its would have turned into 1 lakh 2.70 lakhs today.
Similarly, if an investor had invested 1 lakh in this multibagger Adani stock a year ago, its would have turned into 1 lakh 2.35 lakh today. Similarly, if an investor had invested 1 lakh in this stock four years ago, its would have been 1 lakh 17 lakh today
Adani Power shares closed with market capitalization on Tuesday 1.04 lakh crore and its trade volume on Tuesday was 70,19,512. This multibagger stock of Adani stands at the current PE multiple of 21.23 while the sectoral PE is slightly above 12.