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Adani Group shares trade higher ahead of Q3 results

Adani Ports, Adani Transmission and Adani Enterprises were trading higher by up to 5% on BSE

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SI Reporter Mumbai
Shares of Adani Group companies – Adani Ports and Special Economic Zone (SEZ), Adani Transmission and Adani Enterprises – were trading higher by up to 5% ahead of October-December quarter (Q3FY18).

Adani Transmission, the largest gainer among the pack, was up 5% to Rs 235 on BSE in intra-day trade on Wednesday. The company engaged in electric utilities business is schedule to announce its Q3FY18 results today.

Since October 27, 2017, post Q2FY18 results, Adani Transmission had underperformed the market by falling 3% as compared to 5% rise in the S&P BSE Sensex till Tuesday.

The company’s