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Adani Ports gains on strong Q1 earnings

The stock rallied 5% to Rs 252 after the company posted 31% YoY jump in its consolidated net profit at Rs 836 crore for Q1FY17.

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Adani Port And Sez

SI Reporter  |  Mumbai 



Adani Ports and Special Economic Zone (APSEZ) has rallied 5% to Rs 252 on the BSE in early morning trade after the company reported 31% year-on-year (YoY) jump in its consolidated net profit at Rs 836 crore for the quarter ended June 30, 2016 (Q1FY17). The Adani Group Company had registered a profit of Rs 639 crore in the year ago quarter.

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First Published: Wed, August 10 2016. 09:32 IST

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