The stock dropped 6.37 per cent to Rs 66.80 on BSE.
On NSE, shares of the company declined by 5.95 per cent to Rs 67.15.
Adani Enterprises (AEL) yesterday reported a sharp 79 per cent plunge in consolidated net profit at Rs 63 crore for the quarter to September 2016.
The firm led by billionaire Gautam Adani had clocked a net profit of Rs 299 crore in the year-ago period, it had said in a BSE filing.
The company's total expenses were lower at Rs 7,287 crore during the period under review, from the earlier Rs 8,898 crore.
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