Its consolidated profit for the quarter ended March 31, stood at Rs 3,945 crore against Rs 6,234 crore posted in the same quarter a year earlier, a drop of 37%. Analysts had estimated a net profit of about Rs 3,000 crore for the reporting quarter.
The stock opened at Rs 315 which is also the high in the trades thus far.
A combined total of 2.5 lakh shares changed hands on the BSE and NSE.
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