Adani Power spurts on reporting 22% upward thrust in Q2 consolidated internet profit

Adani Power spurts on reporting 22% upward thrust in Q2 consolidated internet profit

by admin- Thursday, November 1st, 2018 04:56:20 PM

Adani Power is currently trading at Rs. Forty six.00, up by using zero.70 points or 1.Fifty two% from its previous ultimate of Rs. Forty six.05 on the BSE.

The scrip opened at Rs. Forty six.00 and has touched a high and low of Rs. Forty six.Seventy five and Rs. 45.00 respectively. So some distance 1399499 shares were traded on the counter.

The BSE group ‘A’ inventory of face price Rs. 10 has touched a 52 week excessive of Rs. Forty seven.Seventy five on 08-Jan-2018 and a 52 week low of Rs. 15.20 on 02-Jul-2018.

Last one week high and coffee of the scrip stood at Rs. 46.75 and Rs. 32.30 respectively. The cutting-edge marketplace cap of the organization is Rs. 17587.64 crore.

The promoters keeping in the business enterprise stood at seventy four.97%, even as Institutions and Non-Institutions held 18.Fifty two% and 6.51% respectively.

Adani Power has reported net loss of Rs 1.31 crore for the zone ended September 30, 2018 as towards net profit of Rs 261.86 crore for the equal area within the preceding 12 months. Total profits of the organization decreased via 36.60% at Rs 2,169.Forty nine crore for Q2FY19 as compared Rs 3,422.13 crore for the corresponding zone preceding year.

On the consolidated basis, the employer has suggested a upward push of 22.09% in its internet profit at Rs 386.89 crore for the area ended September 30, 2018 as compared to Rs 316.88 crore for the identical zone in the preceding yr. Total profits of the organisation expanded with the aid of 19.37% at Rs 7,657.23 crore for Q2FY19 as compared Rs 6,414.65 crore for the corresponding quarter preceding yr.

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