Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The co along with its subsidiaries sell power generated from these projects under a combination of long term Power Purchase Agreements, Short term PPA and on a merchant basis
Stock is trading at 5.86 times its book value
The company has a low-interest coverage ratio.
The company has delivered a poor sales growth of 0.66% over the past five years.
Promoters have pledged 27.37% of their holding.
The company has high debtors of 159.21 days.
Technically it had broken out from the previous high with huge volume indicating bullishness, Trade only on your DUE DILIGENCE
Stock is trading at 5.86 times its book value
The company has a low-interest coverage ratio.
The company has delivered a poor sales growth of 0.66% over the past five years.
Promoters have pledged 27.37% of their holding.
The company has high debtors of 159.21 days.
Technically it had broken out from the previous high with huge volume indicating bullishness, Trade only on your DUE DILIGENCE